De huizenprijzen zijn weer iets gestegen. In de maanden juli, augustus en september veranderde een bestaande woning voor gemiddeld 422.000 euro van eigenaar.  ( 9 min )

Nederlandse gokkers hebben in het afgelopen jaar 1,33 miljard euro verloren met online kansspelen. Daarmee groeit de legale online gokmarkt in ons land nog steeds, maar minder hard dan voorheen.  ( 9 min )

Naar verwachting gaat de zorgpremie flink stijgen volgend jaar. Zorgverzekeraar DWS wijst naar loonsverhogingen van zorgpersoneel. Ook de hogere kosten in de zorg vanwege de vergrijzing zijn een oorzaak. Vandaag is daarom onze stelling: 'De zorgpremie moet gekoppeld worden aan leeftijd.'  ( 8 min )

De prijzen van etenswaren zijn in de eerste helft van 2023 iets duurder geworden. Consumenten betaalden gemiddeld 3,7 procent meer voor hun boodschappen. Maar dat geldt gelukkig niet voor álles wat je in de supermarkt koopt.  ( 9 min )

Je zorgpremie wordt waarschijnlijk weer duurder. Het gaat om om en nabij 12 euro. Hoe is de prijs van je zorgpremie opgebouwd?  ( 3 min )

De prijzen van etenswaren zijn in de eerste helft van 2023 iets duurder geworden. Consumenten betaalden gemiddeld 3,7 procent meer voor hun boodschappen. Maar dat geldt gelukkig niet voor álles wat je in de supermarkt koopt.  ( 9 min )

Google hosted its 'Made by Google' event and unveiled a $999 pixel phone to compete in the smartphone industry.  ( 1 min )

Apple CEO Tim Cook sold 511,000 shares of company stock worth about $88 million as the stock price has tumbled from its all-time high.  ( 1 min )

Apple shares wavered between gains and losses after a downgrade from KeyBanc that anticipates a slowdown in U.S. sales growth.  ( 1 min )

Sunrun shares sank to their lowest level since April 2020 before paring back some losses after a downgrade from Truist, which warned high interest rates could impact the solar panel installation market.  ( 1 min )

Tesla shares rose Wednesday after the EV maker said it would sell a rear-wheel drive version of its most popular vehicle, the Model Y, at the lowest price yet for that SUV.  ( 1 min )

The S&P 500 added 0.8% on Wednesday, Oct. 4, 2023, after a report showing lower-than-expected private sector job growth in September eased rate hike concerns.  ( 1 min )

The rare combination of falling stock and bond prices has left investors with choices they haven’t had to make in decades.  ( 1 min )

U.S. stock futures were up in premarket trading Wednesday, rebounding from Tuesday's sell-off, as bond yields retreated from overnight highs and data showed private payrolls added far fewer jobs than expected in September, a counterpoint to yesterday's unexpected rise in job openings.  ( 1 min )

Markets were higher at midday on Wednesday, Oct. 4, 2023 as a report showing a slowdown in private sector hiring eased worries that a strong labor market would encourage the Fed to hike interest rates further.  ( 1 min )

Ford and General Motors saw an increase in sales volume in the third quarter of 2023 while Stellantis reported a slight decline amid the ongoing United Auto Workers strike.  ( 1 min )

(Bloomberg) -- In July this year, Nuremberg’s mayor celebrated the final beam being placed atop the redeveloped Quelle building, a monumental 1950s symbol of postwar Germany’s economic revival. Revamped with offices, shops and homes, a big part of the giant complex was slated to open in 2024.Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpKey Taiwan Tech Firms Helping Huawei With China Chip PlantsOzempic Is Making People Buy Less Food, Walmart SaysUS Stocks  ( 34 min )

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(Bloomberg) -- Global bonds are doomed to keep falling unless a sustained slump in equities revives the appeal of fixed-income assets, according to Barclays Plc. Most Read from BloombergAlmost Anyone Can Become the House Speaker, Except Donald TrumpKey Taiwan Tech Firms Helping Huawei With China Chip PlantsUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapOzempic Is Making People Buy Less Food, Walmart SaysFootball’s World Cup Is Coming to North Africa for First Time“There is no ma  ( 32 min )

The Trump-era tax cuts will phase out at the end of 2025 unless they are extended. Financial advisers say now is the time for retirees—and near retirees—to start planning for that.  ( 27 min )

(Bloomberg) -- Rivian Automotive Inc. sank in post market trading Wednesday after the electric-vehicle maker announced plans to issue $1.5 billion in convertible debt and reported preliminary third-quarter revenue. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapAlmost Anyone Can Become the House Speaker, Except Donald TrumpFootball’s World Cup Is Coming to North Africa for First TimeMcCarthy Ouste  ( 32 min )

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The macro backdrop offers a set of concerns that have weighed on investors recently. These have seemingly put the brakes on 2023’s bull market and include the prospect of interest rates staying elevated for the time being and oil prices on the up again, all while a workers’ strike rumbles on in the background. However, Savita Subramanian, the head of U.S. equity & quantitative strategy at Bank of America, makes the case that the economy is strong enough so that none of that should get in the way  ( 35 min )

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(Bloomberg) -- BlackBerry Ltd., wrapping up a strategic review of its options, plans to hold an initial public offering for the company’s Internet of Things division, separating the business from its main cybersecurity operations. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsAlmost Anyone Can Become the House Speaker, Except Donald TrumpUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapFootball’s World Cup Is Coming to North Africa for First Ti  ( 32 min )

Looking for something to add to your Costco cart along with the 30 rolls of toilet paper? While not a typical outlet for the sale of precious metals, the members-only warehouse chain has seen its 1-ounce gold bars sell out faster than discounted 170-ounce jugs of laundry detergent. In a company earnings call last week, CFO Richard Galanti said the gold bars, sold exclusively online, are “typically gone within a few hours” of appearing on Costco's website — adding that there's a two-bar limit per member.  ( 34 min )

(Reuters) -Electric-vehicle maker Rivian Automotive on Wednesday said it plans to sell convertible green bonds worth $1.5 billion and forecast quarterly revenue to rise in line with estimates. Convertible bonds can be dilutive when converted into shares and are typically seen negatively by investors when issued. Rivian's bond will mature in October 2030 and investors will have the option to convert the bonds into cash or shares in the company, it said in a filing.  ( 32 min )

(Bloomberg) -- AT&T Inc. has begun to explore options for its 70% stake in DirecTV as it approaches the end of an agreement upon which it can legally sell its interest in America’s third-largest pay-TV provider.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsUS Stocks Buoyed by Big Tech Gains as Yields Slide: Markets WrapAlmost Anyone Can Become the House Speaker, Except Donald TrumpFootball’s World Cup Is Coming to North Africa for First TimeKevin McCarthy Ous  ( 33 min )

BlackBerry said on Wednesday it would separate its Internet of Things (IoT) and cybersecurity business units into two separate entities. The company said the chief objective of the separation is to pursue a subsidiary initial public offering for the IoT business, targeted in the first half of the next fiscal year. BlackBerry, which transitioned to a cybersecurity and IoT software-maker, said in May that it was reviewing its business.  ( 31 min )

(Bloomberg) -- Losses on longer-dated Treasuries are beginning to rival some of the most notorious market meltdowns in US history.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsTech Giants Fuel End of Day Climb as Yields Slide: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsMcCarthy Ouster Means More Turmoil as Next Shutdown Fight LoomsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapBonds maturing in 10 years or m  ( 32 min )

The best CD rates available nationwide are three 6.00% offers from Credit Human and INOVA Federal Credit Union, as well as 5.76% from TotalDirectBank.  ( 21 min )

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Nvidia's graphics chips have become a crucial ingredient in AI work, but someone needs to make the servers to run the chips. Enter Super Micro.  ( 22 min )

Carnival has regained some of its footing after the pandemic brought the cruise industry to its knees, and is looking to further increase growth as it pays down debt. But the cruise giant is feeling the pinch from soaring fuel prices.  ( 28 min )

(Bloomberg) -- The Keystone crude pipeline, a vital artery transporting Canadian oil to markets in the US and overseas, is operating at about half of its capacity after a brief disruption. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsGlobal Rout Takes a Breather as Traders Parse Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapMcCarthy Ouster Means More Turmoil  ( 32 min )

The Social Security Administration’s website lets you get an early look at how much your benefits will increase next year.  ( 32 min )

Bankman-Fried joined Jane Street Capital straight out of college, and made $300,000 in his first year.  ( 32 min )

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Shares of electric-vehicle maker Tesla are rallying Wednesday on no official news. It's likely bearish investors trying to manage their bets against Tesla stock.  ( 22 min )

Berkshire Hathaway Inc. Chairman and CEO Warren Buffett is immensely wealthy and notoriously frugal. His frugality isn't for personal gain. He has given billions to various charities and signed the Giving Pledge, affirming that over 99% of his fortune will be dedicated to philanthropic causes during his life or upon his passing. Microsoft Corp. Co-Founder Bill Gates, one of Buffett's close friends, recalls an incident in the 2017 annual letter posted on Gates Notes. During a trip to Hong Kong, t  ( 34 min )

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Might Musk be looking to buy back X's debt at a steep discount? It would be just the kind of swashbuckling coup he so relishes.  ( 38 min )

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Following the Federal Reserve's 11 interest rate hikes, many experts have expressed concerns about the impact of higher rates on the American economy. According to Bill Ackman, CEO of Pershing Square Capital Management, the economy is starting to slow. "I think the level of real interest rates is high enough to slow things down, you know, high mortgage rates, high car rates, high credit card rates, they're starting to really have an impact on the economy," he said in a recent CNBC interview. "Th  ( 34 min )

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President Biden is providing $9 billion in forgiveness for 125,000 borrowers as loan payments resume.  ( 28 min )

Billionaire investor and 'The Bond King' Jeffrey Gundlach says economic indicators are "strongly suggestive" of a recession in the first half of next year.  ( 32 min )

Rates on 30-year mortgages have jumped two days in a row, adding almost a third of a percentage point and setting a new 23-year high in 8% territory.  ( 19 min )

Citigroup has embarked on its biggest reorganization in decades, its managers are reviewing staff rosters to determine by November who will stay in place, be reassigned or laid off, according to a global memo to staff on Wednesday seen by Reuters. "Some roles will change, new roles may be created, and new roles that do not fit our new structure will be eliminated," Sara Wechter, the bank's chief human resources officer, wrote in the memo. Citi declined to comment on the global memo.  ( 32 min )

Americans remain sharply divided in their preferences for soft drinks, but in the quaint town of Quincy, Florida, the taste of Coca-Cola is undisputedly favored. This preference isn’t just about flavor but has deep roots in the town’s history and its rise of “Coca-Cola millionaires.” In 1919, Coca-Cola made its debut on the public market. Those fortunate enough to purchase a share at its initial price of $40 and continuously reinvest its dividends would be looking at a value of over $10 million  ( 33 min )

Expect lower oil demand in the fourth quarter.  ( 33 min )

There’s no one way of achieving success in the stock market and different strategies can be used to attain the basic goal: seeing big returns on an investment. Talking of big returns achieved via divergent styles, then we can look at the techniques used by legendary investors such as Warren Buffett and Ken Griffin. Both have had huge success but adhere to different tactics. Buffett made his reputation by favoring value investing, seeking out equities underappreciated at the time and then watchin  ( 36 min )

The index has dropped just over 8% from its intraday high of just over 4607, hit in late July.  ( 22 min )

Apple downgraded, Oddity upgraded: Wall Street's top analyst calls  ( 34 min )

Wall Street stocks got a respite from the bond rout as investors increasingly accept the idea that the era of low interest rates is ending.  ( 35 min )

Cook sold 511,000 shares, which were worth about $87.8 million before accounting for taxes, according to the filing dated Tuesday. The Apple chief owns about 3.3 million shares, valued at about $565 million, following the sale, the filing showed. Apple launched its new iPhone 15 lineup last month, without raising prices, a move that some industry watchers said was in response to a global smartphone slump.  ( 32 min )

In January, the firm’s housing economists predicted mortgage rates would land at 6.5% by the end of this year. Now? Well, never mind. Goldman Sachs believes rates will run higher to around 7.1% by year end.  ( 33 min )

As student loan repayments restart in October, the Biden administration said 125,000 people with student loans will have their debt erased.  ( 32 min )

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Lithium Americas has split into two companies. Both are now trading on the Toronto and New York stock exchanges.  ( 22 min )

Investors are either increasingly unwilling or unable to finance a dysfunctional U.S. government, and this risks pushing borrowing costs for Americans higher.  ( 32 min )

U.S. crude futures are trading lower for the fourth time in five sessions, down 1.9% at $87.58 a barrel, which if maintained would be the lowest closing price since Sept. 11. News and events late yesterday and overnight were actually price supportive as Saudi Arabia reiterated its plan to keep a 1M  ( 11 min )

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Intel is preparing an initial public offering of its Programmable Solutions Group. It could be a multibillion-dollar boost for the chip maker.  ( 22 min )

Wall Street stocks got a respite from the bond rout as investors increasingly accept the idea that the era of low interest rates is ending.  ( 34 min )

The auto maker hopes it will be too good for the union to refuse. Meanwhile, GM has laid off more workers.  ( 22 min )

Shares in Scandinavian Airlines dropped more than 90% on Wednesday after the ailing carrier announced new shareholders in a restructuring scheme that will see the company delisted and existing ownership stakes erased. The rescue deal involving airline alliance Air France-KLM and private equity firms Castlelake and Lind Invest, which became investors alongside the Danish state, was presented late Tuesday. The deal means that SAS will receive $475 million in new equity and $700 million in convertible debt.  ( 33 min )

Millions of Americans rely on Social Security benefits for all, or a portion, of their retirement income. Up to 85% of Social Security benefits are subject to federal income tax, depending on your total household income. However, Fidelity recently presented options for taxpayers to reduce how much they pay in taxes on Social Security benefits. […] The post You May Be Paying Too Much in Taxes on Your Social Security Benefits. Here's How to Lower Them appeared first on SmartReads by SmartAsset.  ( 34 min )

(Bloomberg) -- Apple Inc. Chief Executive Officer Tim Cook sold stock worth about $41 million after taxes in his biggest sale in more than two years as the shares of the iPhone maker slide off recent highs.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broke  ( 32 min )

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Apple's historically high premium to other tech stocks was cited by analysts at KeyBanc as a factor behind their downgrade of the stock to Sector Weight.  ( 22 min )

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(Bloomberg) -- It has been the US oil industry’s biggest environmental success story in recent years. Gas flares that once lit up the night skies were shut off, curbing a wasteful practice that generated millions of tons of planet-warming emissions. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely —  ( 36 min )

An unrelenting selloff in world government bond markets pushed U.S. 30-year Treasury yields to 5% for the first time since 2007 and Germany's 10-year borrowing costs to 3% on Wednesday, moves that could hasten a global economic slowdown. A growing sense that interest rates in major economies will stay higher for longer to contain inflation, ever resilient U.S. economic data and a sharp unwinding of traders' positions for a bond rally have hit hard. In the U.S. Treasury market -- considered the bedrock of the global financial system -- 10-year yields have soared almost 30 basis points (bps) to 4.8% this week alone, and are up almost 100 bps this year, having jumped over 200 bps in 2022.  ( 32 min )

Apple shares are downgraded at KeyBanc, Intel plans a spinoff of its programmable solutions business, and sales slump at Cal-Maine Foods as egg prices tumble.  ( 22 min )

As stocks sell off, Wall Street strategists believe all of the action is in reaction to rising Treasury yields.  ( 34 min )

(Bloomberg) -- President Joe Biden is canceling an additional $9 billion in student-loan debt, his latest action to aid borrowers after the Supreme Court blocked his debt-relief plan and as payments resume for millions of Americans.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonAir  ( 31 min )

(Bloomberg) -- Australia’s richest woman has added to her stake in lithium miner Liontown Resources Ltd. for the fourth time in under a month, edging closer to a position that could block a A$6.6 billion ($4.2 billion) takeover by the world’s biggest producer of the metal.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsKevin McCarthy Ousted as US House Speaker by Republican DissidentsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Reces  ( 33 min )

The tides finally changed after Gary Wang and Nishad Singh (both FTX directors who have since pled guilty to fraud in the ongoing trial) joined the firm.  ( 31 min )

Oil prices fell ahead of a key OPEC meeting later, with Standard Chartered saying it is unlikely producers at the meeting will be less cautious around production due to uncertainties around the global economy and central-bank policy.  ( 25 min )

(Bloomberg) -- An accelerating selloff in US government bonds is starting to spread havoc across Asia’s financial markets, pushing up borrowing costs, spurring currency-market intervention and driving stocks toward a technical correction. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWhy a US Recession Is Still Likely — and Coming  ( 34 min )

Sandoz made its market debut with a lower-than-expected valuation of 10.3 billion Swiss francs ($11.2 billion) on Wednesday, after the generic and biosimilar drugmaker was spun off from Swiss pharmaceutical company Novartis. Deutsche Bank had said Sandoz, which accounted for 11% of Novartis' group operating profit in 2022, would likely be valued at $11-$13 billion, while brokerage Berenberg had forecast $17-$26 billion. The shares, which opened at 24 Swiss francs, became members of the Swiss Performance Index and the Swiss Leader Index, among other stock market gauges, and American depositary receipts also started trading on Wednesday.  ( 32 min )

(Bloomberg) -- The historic ouster of Republican Kevin McCarthy as Speaker of the House may add to the risk of a US sovereign credit-rating downgrade and further roil markets, according to strategists. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, I  ( 33 min )

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(Bloomberg) -- Oil steadied ahead of an OPEC+ review of the global crude market and a weekly update of US stockpiles.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.West Texas Intermediate was little changed above $89  ( 32 min )

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LONDON (Reuters) -Oil fell on Wednesday, as Saudi Arabia's announcement to continue crude output cuts to the end of 2023 was offset by demand fears stemming from macroeconomic headwinds. Brent crude oil futures were down 58 cents, or 0.64%, to $90.34 a barrel at 0841 GMT, while U.S. West Texas Intermediate crude (WTI) fell 66 cents, or 0.74%, to $88.57 per barrel. Oil prices remain under pressure from demand fears driven by macroeconomic headwinds.  ( 33 min )

Investopedia and NY1 are teaming up on a series of biweekly updates tracking the health of New York City’s economy, highlighting the best and worst-performing areas of New York's housing, tourism, leisure and hospitality metrics.  ( 18 min )

A gift is something of value that is given without something of equal value being exchanged in return and, in some instances, is subject to tax.  ( 23 min )

Ford and General Motors saw an increase in sales volume in the third quarter of 2023 while Stellantis reported a slight decline amid the ongoing United Auto Workers strike.  ( 17 min )

The best nationally-available CD rates top September's already-sky-high APYs. You can now earn 6.00% in three different terms, and all terms offer at least 5.00%.  ( 17 min )

The S&P 500 added 0.8% on Wednesday, Oct. 4, 2023, after a report showing lower-than-expected private sector job growth in September eased rate hike concerns.  ( 16 min )

Sunrun shares sank to their lowest level since April 2020 before paring back some losses after a downgrade from Truist, which warned high interest rates could impact the solar panel installation market.  ( 17 min )

The housing market traditionally heats up in the spring. But low inventory and more serious buyers are among the reasons the holidays can be a good time to sell.  ( 26 min )

A record number of people are paying $1,000 or more for their monthly auto loan payments, and it’s not just because of high prices.  ( 17 min )

Increasing aggregate demand usually corresponds with increasing price levels while decreasing demand corresponds with lower price levels. But the link isn't always clear.  ( 23 min )

The best CD rates available nationwide are three 6.00% offers from Credit Human and INOVA Federal Credit Union, as well as 5.76% from TotalDirectBank.  ( 19 min )

The Multilateral Investment Guarantee Agency is an organization that encourages investment in developing countries by offering risk insurance.  ( 20 min )

Tesla shares rose Wednesday after the EV maker said it would sell a rear-wheel drive version of its most popular vehicle, the Model Y, at the lowest price yet for that SUV.  ( 17 min )

The rare combination of falling stock and bond prices has left investors with choices they haven’t had to make in decades.  ( 22 min )

Learn how to calculate and interpret the Sharpe ratio. Discover its significance to investors and find out what is considered a good Sharpe ratio.  ( 23 min )

From May 31 to June 1 in 1921, the Greenwood District of Tulsa, Okla., “Black Wall Street,” was torched. Thousands were left homeless & some 300 died.  ( 29 min )

The SEC's recent enforcement push seeks to protect cryptocurrency investors from those wishing to take advantage of them.  ( 34 min )

Google hosted its 'Made by Google' event and unveiled a $999 pixel phone to compete in the smartphone industry.  ( 18 min )

Gift splitting allows a married couple to gift twice as much without being subject to a gift tax.  ( 24 min )

How to manage those burdensome payments as you embark on your adult life.  ( 27 min )

Now that a Brexit deal has finally been reached, here’s what we know about the few winners and many losers of Brexit.  ( 29 min )

Apple CEO Tim Cook sold 511,000 shares of company stock worth about $88 million as the stock price has tumbled from its all-time high.  ( 16 min )

The student loan interest deduction allows for a tax break of up to $2,500 for interest payments on loans for higher education. Here's how to qualify.  ( 27 min )

Here are some of the worst consequences of not making payments on your student loans, plus some federal programs to help you if you’re struggling to pay.  ( 26 min )

The services sector, which accounts for roughly four-fifths of U.S. GDP, is showing signs of weakness, according to the latest PMI surveys issued by S&P Global and the Institute for Supply Management.  ( 18 min )

Understand Canada's key industries, main trading partners, and key stats such as GDP and GDP per capita.  ( 27 min )

A fiscal year (FY) is a 52- or 53-week period of time that a company or government uses for accounting purposes and preparation of its financial statements.  ( 26 min )

The Grayscale Bitcoin Trust (GBTC) can help simplify investing in cryptocurrency, but it also poses some major disadvantages.  ( 28 min )

Student loan forgiveness is a release from having to repay the borrowed sum, in full or in part. It's currently limited to borrowers in certain public service fields.  ( 32 min )

While JP Morgan Chase CEO Jamie Dimon has predicted that artificial intelligence could bring about a shortened workweek, a report from Oxford Economics says a shrinking labor supply could challenge the productivity gains projected from AI.  ( 17 min )

Parents, grandparents, and other interested adults can give financial gifts to children to help secure their future. Learn more about what's available.  ( 26 min )

Markets were higher at midday on Wednesday, Oct. 4, 2023 as a report showing a slowdown in private sector hiring eased worries that a strong labor market would encourage the Fed to hike interest rates further.  ( 18 min )

Joining the military is a major decision with life-altering consequences, so before making it, you should know exactly what active-duty or reserve-duty service entails.  ( 26 min )

The most recent rounds of tax reform have expanded the benefits of 529 college savings plans.  ( 26 min )

Apple shares wavered between gains and losses after a downgrade from KeyBanc that anticipates a slowdown in U.S. sales growth.  ( 17 min )

Shares of Cal-Maine Foods slumped as the egg producer’s profit plummeted along with the price of eggs.  ( 17 min )

Rates on 30-year mortgages have jumped two days in a row, adding almost a third of a percentage point and setting a new 23-year high in 8% territory.  ( 19 min )

When you’re taking the plunge into buying rental property, lean on the expertise of professionals and know when it’s time to cut your losses.  ( 20 min )

The Biden administration on Wednesday approved an additional $9 billion in student loan relief for up to 125,000 borrowers.  ( 17 min )

How can inflation affect unemployment, and vice versa? Here, we examine the relationship between wage inflation, consumer prices, and unemployment.  ( 31 min )

About 75,000 workers of the Coalition of Kaiser Permanente Unions went on strike against the health care company demanding better pay and benefits, in a move that could disrupt patient care and briefly dent Kaiser's revenues.  ( 20 min )

Regardless of your age, taking these five steps will help you build a solid retirement plan.  ( 29 min )

A CFO salary often includes base pay plus a whole lot of perks, bonuses, and benefits. Discover how much a CFO earns and what it takes to become one.  ( 25 min )

Learn who the top 10 billionaires in the world are and how they built their wealth.  ( 35 min )

The slower-than-expected pace of private sector hiring is in contrast to yesterday's JOLTS report that underscored a strong demand for labor, offering mixed signals about the resilience of the U.S. labor market.  ( 18 min )

Intel plans to spin out its programmable chip unit into a standalone business, with an initial public offering expected in the next two to three years.  ( 17 min )

House Speaker Kevin McCarthy's ouster raises the odds of a government shutdown later this year, and bond yields rose to 16-year highs on worries over political dysfunction and economic resilience. Here’s what investors need to know today.  ( 18 min )

An official settlement account tracks central banks' reserve asset transactions.  ( 24 min )

De verkoop van nieuwe huizen is in het tweede kwartaal gehalveerd vergeleken met dezelfde periode een jaar eerder. Het is de grootste daling sinds statistiekbureau CBS in 2015 is begonnen met meten.  ( 9 min )

De zeven grootste supermarkten houden er meer groene praatjes op na dan daadwerkelijke acties. Wel timmeren Ekoplaza, Lidl en Albert Heijn het hardst aan de weg als het gaat om duurzame en eerlijke producten.  ( 10 min )

De reële loonstijging kwam in het vorige kwartaal uit op 3,4 procent. Dat is de grootste toename in tien jaar tijd, blijkt uit cijfers van statistiekbureau CBS.  ( 8 min )

De wens in de Tweede Kamer om de koopkracht volgend jaar wat extra te stutten, zijn naar beneden bijgesteld. Zo stijgen het minimumloon en de daaraan gekoppelde AOW volgend jaar met 1,2 procent in plaats van de eerder voorgestelde 1,7 procent.  ( 11 min )

Het Italiaanse modemerk Prada gaat ruimtepakken ontwerpen voor NASA-astronauten die in 2025 naar de maan gaan. Het bedrijf werkt hiervoor samen met het Amerikaanse ruimtevaartbedrijf Axiom Space.  ( 8 min )

Google heeft zijn nieuwe telefoons gepresenteerd: de Pixel 8 en de Pixel 8 Pro. De telefoons krijgen verbeterde camera's, verschillende AI-functies en updates tot 2030.  ( 10 min )

Er gloort hoop voor de vorige maand failliet verklaarde veerdienst Holland Norway Lines. Curator Hans Silvius onderhandelt met twee gegadigden, die volgens hem serieuze interesse hebben in een overname.  ( 8 min )

In Singapore moeten auto-eigenaren omgerekend zo'n 100.000 euro neerleggen voor alleen al een vergunning om een auto te mogen bezitten. Dat maakt het het duurste land ter wereld voor wie een auto wil kopen.  ( 8 min )

Een Britse hogesnelheidslijn die Londen moet verbinden met het noorden van het land komt er niet. Premier Rishi Sunak vindt de tientallen miljarden kostende verbinding te duur en wil het geld liever gebruiken voor andere projecten.  ( 9 min )

De nieuwe stickergenerator in Facebook Messenger kan uitgelokt worden tot het maken van schunnige stickers. Op het sociale netwerk X delen verschillende gebruikers van de berichtendienst creaties met bijvoorbeeld billen, borsten en wapens.  ( 3 min )

De koperprijs is gedaald naar het laagste niveau sinds eind mei en staat op zo'n 8.000 dollar (ruim 7.620 euro) per ton. In Londen is hij zelfs onder die grens gedoken. Door zorgen over de hogere rente en afzwakkende economie staat de koperprijs onder druk.  ( 3 min )

Nederlanders consumeerden in 2022 gemiddeld 75 kilo vlees en vleeswaren per persoon. Hoewel de verschillen met het jaar daarvoor klein zijn, was het verbruik niet eerder zo klein sinds het wordt gemeten. Inflatie lijkt de oorzaak.  ( 3 min )

Een postzegel van PostNL kost vanaf 1 januari 1,09 euro. Dat is een stijging van bijna 8 procent. Volgens het bedrijf is deze verhoging nodig om de stijgende kosten te dekken.  ( 3 min )

Nederlanders consumeerden in 2022 gemiddeld 75 kilo vlees en vleeswaren per persoon. Hoewel de verschillen met het jaar daarvoor klein zijn, was het verbruik niet eerder zo klein sinds het wordt gemeten. Inflatie lijkt de oorzaak.  ( 3 min )

ING verhoogt op 15 oktober de rente voor particuliere spaarders naar 1,5 procent. Het gaat om de variabele spaarrente voor een spaarsaldo tot 10.000 euro. Nu krijgen de meeste klanten van de bank nog 1,25 procent rente.  ( 3 min )

De Tweede Kamer heeft plannen om de begroting voor volgend jaar flink te verbouwen, zodat de pijn van de gestegen prijzen iets wordt verzacht. De wensen tellen op tot ruim 4 miljard euro. Maar de voorstellen rammelen, waarschuwt het demissionaire kabinet.  ( 6 min )

ING verhoogt op 15 oktober de rente voor particuliere spaarders naar 1,5 procent. Het gaat om de variabele spaarrente voor een spaarsaldo tot 10.000 euro. Nu krijgen de meeste klanten van de bank nog 1,25 procent rente.  ( 3 min )

In gemeenten waar de milieustraat beperkte openingstijden heeft, belandt elektrisch afval wel tien keer vaker bij het huisvuil dan elders, ziet Stichting OPEN. Vooral apparaten met verborgen batterijen, zoals lichtgevende schoenen en vapers, belanden nog te vaak in de kliko.  ( 3 min )

Terwijl voedsel voor consumenten duurder werden in de eerste helft van 2023, zakten de prijzen van etenswaren voor voedselproducenten. In de afgelopen drie jaren is juist te zien dat producenten met grotere prijsstijgingen te maken kregen dan de consument.  ( 4 min )

Banken verdienen steeds meer geld aan sparen en lenen. De marge die ze overhouden aan het uitlenen van spaargeld is op het hoogste niveau in meer dan vijftien jaar tijd beland. Een belangrijke oorzaak is dat spaarders te weinig op zoek zijn naar hogere rentes.  ( 7 min )

PNC Bank on Tuesday took on $16.6 billion in capital commitments, mostly loans, held by Signature Bridge Bank, a bridge bank set up by federal regulators in March after the collapse of its namesake bank.  ( 1 min )

Krispy Kreme said it wants to sell its majority stake in Insomnia Cookies so it can focus on its main business of making and selling doughnuts.  ( 1 min )

After a rough first half of 2023 amid the regional banking crisis, Zions Bancorp (ZION) topped the list of S&P 500 returns in the third quarter, with shares up 30% since the start of July.  ( 1 min )

Tech giant Apple will now request app providers in its China App Store to prove they have a government listing, as Beijing tightens oversight.  ( 1 min )

WeWork shares fell to an all-time low Tuesday after the company said it wouldn't make interest payments due on $95 million in debt.  ( 1 min )

Entering its 18th day, the work stoppage is affecting operations across four Midwestern plants for the automakers, leading to the furlough of factory workers..  ( 1 min )

Meta reportedly weighs charging for ad-free versions of some of its social media platforms in Europe, and Ford and General Motors lay off more workers amid an ongoing strike. Here’s what investors need to know today.  ( 1 min )

Stock futures were falling in premarket trading Monday, pointing toward another difficult day for markets as bond yields continued to surge.  ( 1 min )

Stock markets sank at midday as bond yields continued their climb and a report on August job openings showed the number of positions available exceeded estimates.  ( 1 min )

The S&P 500 fell 1.4% on Tuesday, Oct. 3, after a Labor Department report showed higher-than-expected job openings and bond yields increased.  ( 1 min )

Many investors find it beneficial to include real estate investment trusts, or REITs, in their portfolios. These companies bring a suite of advantages that can’t be overlooked. To start with, they offer a sound way to buy exposure to real property, landholdings, without actually buying real estate. REITs are also known as champion dividend payers, as they’re required to distribute up to 90% of their taxable income to shareholders – and dividends make a convenient mode of compliance. For Wedbush  ( 35 min )

The chip maker says the unit that makes programmable chips for defense and telecommunications will eventually go public.  ( 29 min )

The 10-year at 4.801% on Tuesday offered the highest yield since August 2007, a few months before the 2009-09 financial crisis.  ( 22 min )

You now have more ways to earn a historically high CD rate of 6.00%, with a new 9-month option from INOVA Federal Credit Union. Credit Human also pays 6.00% for 12-17 months.  ( 21 min )

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Intel acquired the business when it bought Altera for $16.7 billion in 2015.  ( 22 min )

McMillan would join 3M as the financial chief of its healthcare business, which the U.S. industrial conglomerate plans to spin off into a listed company. 3M expects to complete the planned spinoff, which it disclosed last year, by the end of 2023.  ( 31 min )

Between the two of them, they worked six jobs including side gigs and full-time jobs all while networking and educating themselves on real estate.  ( 34 min )

(Bloomberg) -- The US stock selloff is spreading panic among volatility traders at a scale unseen since the regional bank crisis in March. In perverse Wall Street logic, that’s raising hopes that the equity rout is on its last legs.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWhy a US Recession Is Still Likely — and Coming SoonStocks, Bonds Sell Off as Volatility Makes Return: Markets WrapAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMor  ( 33 min )

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Soaring bond yields have made the stocks less appealing. Plus, the market expects investments for new power plants, aging infrastructures, and renewable technologies to cost more as interest rates stay higher for longer.  ( 33 min )

Chipmaker Intel said on Tuesday it plans to operate its Programmable Solutions Group as a standalone business starting January next year.  ( 30 min )

(Bloomberg) -- Treasury Secretary Janet Yellen said a surprisingly resilient US economy has prompted investors to question what it will take to bring inflation down, but she cast doubt on whether that would force interest rates to stay elevated for a long period.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWhy a US Recession Is St  ( 32 min )

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The Dow Jones Industrial Average and S&P 500 were down as investors shifted their money to bonds.  ( 33 min )

After registering their biggest one-day drop in six months, 30-year mortgage rates have climbed higher, again nearing 8%. Movement was up for almost every loan type.  ( 20 min )

(Bloomberg) -- SAS AB chose Air France-KLM and private equity firm Castlelake LP to anchor a $1.18 billion investment in the bankrupt Scandinavian flag-carrier, ending a five-month chase for new capital.Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapWhy a US Recession Is Still Likely — and Coming SoonKevin McCarthy Ousted as US House Speaker by Republican DissidentsAirbnb Is Fundamentally Broken,  ( 33 min )

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Tesla is one of the most recognizable brands in the world. Not only is Tesla a leader in the electric vehicle (EV) space, but its CEO — Elon Musk — is a polarizing figure who continually finds himself in the public eye. The company started on July 1, 2003, and launched its first vehicle, the Roadster, in 2008. That was followed by the Model S in 2012, the Model X in 2015 and the Model 3 in 2017. Today, Tesla Inc. is the most valuable automaker in the world, thanks in large part to its 59% U.S. E  ( 33 min )

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The FTX founder is protesting CNA’s insurance policy as his legal woes cost him serious money.  ( 31 min )

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As Treasury yields continue climbing, the stock market seems to be taking a break. But according to CNBC's Jim Cramer, this pullback in stocks could represent an opportunity for investors. In a recent "Mad Money" segment, Cramer explained why rising Treasury yields have been causing problems for stocks. "Why own stocks when you can make north of 4.5% risk-free from the 10-year? Ten-year Treasuries are like a great dividend stock that's guaranteed not to lose money over the next decade," he said.  ( 33 min )

Amazon shares are down 15% over the last few weeks. Bulls see a buying opportunity ahead of earnings.  ( 22 min )

↗️ Netflix (NFLX): The streaming company's stock rose after The Wall Street Journal reported that it plans  ( 24 min )

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Shares of once-hot Vietnamese electric-vehicle maker VinFast are down about 5% Tuesday, a day after they tumbled 22% and dropped below their listing price. VinFast now trades at about $9.30, down from a peak above $80 hit in late August after heavy withdrawals by investors in the company's SPAC dea  ( 23 min )

In the classic tune by Kenny Rogers, ‘The Gambler,’ he sang, ‘Every hand’s a winner and every hand’s a loser…’ These words hold valuable wisdom that should resonate with every investor. Regardless of your chosen investment strategy, achieving success in the stock market ultimately hinges on mastering the art of balancing risk and reward. Few segments of the stock market offer a higher potential return for the risk involved than the penny stocks, those equities priced at $5 or less. These are sto  ( 36 min )

A New Jersey appeals court on Tuesday threw out a $223.8 million verdict against Johnson & Johnson in a trial over four plaintiffs' claims that they developed cancer from being exposed to the company's talc powder products. The Superior Court of New Jersey Appellate Division found that a lower court judge should not have allowed some of the scientific expert testimony the plaintiffs presented to jurors in the case. (Reporting By Brendan Pierson in New York; editing by Jonathan Oatis)  ( 31 min )

Drug maker Eli Lilly agreed to acquire radiopharmaceutical company Point Biopharma Global for $12.50 a share.  ( 22 min )

The Nasdaq led losses as rising Treasury yields piled on pressure and investors got a reminder not to expect a Fed rate cut any time soon.  ( 36 min )

Stocks fell at the Wall Street open on Tuesday, as rising Treasury yields piled on pressure and investors got a reminder not to expect a Fed rate cut any time soon.  ( 34 min )

The world's biggest bond markets are in the throes of another rout as a new era of higher for longer interest rates takes hold. In the U.S. Treasury market, the bedrock of the global financial system, 10-year bond yields have shot up to 16-year highs. Because government borrowing costs influence everything from mortgage rates for homeowners to loan rates for corporates, there's plenty of reason for angst.  ( 33 min )

Here's how much of the prize you would take home after taxes and five ways to invest your windfall.  ( 32 min )

(Bloomberg) -- The US 30-year yield rose to the highest level since 2007, deepening a bond selloff driven by expectations the Federal Reserve will keep interest rates elevated as the supply of Treasury debt grows. Shorter-term yields also reached new highs.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Key Taiwan Tech Firms Helping Huawei With China Chip PlantsJPMorgan’s Dimon Predicts 3.5-Day Work Week  ( 32 min )

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The seasonings maker's sales for the Asia-Pacific region declined 16% from last year.  ( 22 min )

The Russian rouble has faced volatility since the Ukraine war kicked off—now there's inflation, shrinking current account surplus and more to worry about.  ( 32 min )

An individual can protect their assets from Medicaid, including their home, by placing them into a trust. Essentially, the assets become owned by the trust and not by the individual. This mechanism can decrease the individual’s asset count for Medicaid eligibility, presenting a way to potentially conserve wealth and secure necessary medical care. However, like all […] The post Does Putting Your Home in a Trust Protect It From Medicaid? appeared first on SmartReads by SmartAsset.  ( 33 min )

Inheritance trusts take on critical importance in wealth management, particularly for multi-generational families. The term might come across as complex but in essence, inheritance trusts involve safeguarding assets while managing their distribution efficiently. Moreover, they provide potential tax benefits that can contribute significantly towards your family’s financial security. A financial advisor well-versed in this field […] The post How to Keep Money in the Family With an Inheritance Trus  ( 34 min )

(Bloomberg) -- Stocks fell and Treasuries resumed a retreat as investors grew increasingly worried about the long-term effects of historically high borrowing costs. Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Key Taiwan Tech Firms Helping Huawei With China Chip PlantsJPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey Sa  ( 33 min )

Property deeds are not just pieces of paper – they hold the power to impact your fiscal situation considerably. Property deeds are legal documents that provide proof of ownership. When you extend ownership rights by adding someone to your property deed, there are tax implications and potential risks associated with the transaction. A financial advisor […] The post What Are the Tax Consequences of Being Added to a Deed? appeared first on SmartReads by SmartAsset.  ( 34 min )

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Technology companies lost their momentum in September. Melius Research’s Ben Reitzes is bullish on two that could shine in the final quarter of the year.  ( 22 min )

Tesla quietly relaunches a rear-wheel-drive version of its popular Model Y car in the U.S. The car starts at $43,990. It's great for car buyers. Whether or not it's great for investors is tougher to say.  ( 22 min )

US stocks were little changed ahead of the bell on Tuesday, as investors weighed rising Treasury yields and reminders not to expect a Federal Reserve interest-rate cut any time soon.  ( 33 min )

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BYD already beats Tesla when it comes to total sales. Now it's closing the gap on purely battery-powered cars as well.  ( 33 min )

I am 48 years old. I made $310,000 last year and I currently have $546,000 in my retirement plan at work. My husband is on disability and doesn't work and does not have a 401(k) plan. I wanted to open a Roth IRA but I read that I make too much money. What options do […] The post Ask an Advisor: I Made $310,000 Last Year and Have $546,000 in Retirement Savings, But My Spouse Doesn’t Work. How Can I Save More? appeared first on SmartReads by SmartAsset.  ( 35 min )

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Jamie Dimon, CEO of JPMorgan Chase, says AI will allow people to work 3.5 day weeks in the future.  ( 34 min )

Microsoft’s CEO Nadella on search and AI at Google trial, Birkenstock presses forward with IPO despite gloomy conditions, and other news to start your day.  ( 22 min )

(Bloomberg) -- Chinese stocks listed in Hong Kong slumped as trading resumed after a holiday, hurt by a broad risk-off mood across the region and continued concern about the nation’s economic outlook.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Severe Crash Is Coming for US Office Properties, Survey SaysBig Tech Spared as Bon  ( 33 min )

(Reuters) -Britain's AstraZeneca has agreed to pay $425 million to settle about 11,000 lawsuits in the United States that claimed its heartburn drugs Nexium and Prilosec caused chronic kidney disease. AstraZeneca did not admit wrongdoing under the settlement, part of broader litigation against makers of a class of heartburn drugs called proton pump inhibitors (PPIs). "Today's settlements are a significant victory for the thousands of patients who suffered kidney injuries as a result of using" the drugs, the plaintiffs' attorney Chris Seeger said in a statement.  ( 32 min )

Companies have yet to provide investors with convincing post-pandemic strategies  ( 6 min )

(Bloomberg) -- BYD Co. is poised to overtake Tesla Inc. as the world’s biggest seller of electric vehicles as the Chinese automaker’s global sales push gains greater traction.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.JPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI Key Taiwan Tech Firms Helping Huawei With China Chip PlantsSevere Crash Is Coming for US Office Properties,  ( 33 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co.’s stock has lost more value than any other in Asia since mid-June as investors brace for prolonged weakness in the chip sector. The rout may not be over. Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Severe Crash Is Coming for US Office Properties, Survey SaysJPMorgan’s Dimon Predicts 3.5-Day Work Week for Next Generation Thanks to AI The Secret Plo  ( 34 min )

Gold continued its slide on Tuesday, clocking its longest losing streak since Aug. 2022 in the last session as Federal Reserve officials underscored the likelihood interest rates will stay high, with U.S. job openings data expected later in the day. FUNDAMENTALS * Spot gold was down 0.2% at $1,824.10 per ounce by 0057 GMT, falling for a seventh consecutive session to its lowest since March 9. U.S. gold futures fell 0.4% to $1,840.50.  ( 32 min )

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Boeing plans to push production of its bestselling 737 narrowbody jet to a record of at least 57 per month by July 2025, reflecting rising orders and the company's recovery after the 737 MAX crisis, according to two sources with knowledge of the matter. Both Boeing and its European rival Airbus have laid out ambitious ramp-up goals as air travel and aircraft sales rebound, with Airbus producing in-demand single aisle planes even faster than the U.S. planemaker. Boeing laid out the plan in the latest version of its master schedule for suppliers, which was reaffirmed by the planemaker in mid-September, the sources told Reuters on condition of anonymity because the document is not public.  ( 33 min )

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You now have more ways to earn a historically high CD rate of 6.00%, with a new 9-month option from INOVA Federal Credit Union. Credit Human also pays 6.00% for 12-17 months.  ( 19 min )

The house voted 216-210 to push McCarthy out of the role he's held for the past nine months after members of his own party took issue with how he handled the budget standoff last week.  ( 17 min )

The MBA Refinance Index is a weekly measurement put together by the Mortgage Bankers Association. The index helps to predict mortgage activity and loan prepayments.  ( 22 min )

Krispy Kreme said it wants to sell its majority stake in Insomnia Cookies so it can focus on its main business of making and selling doughnuts.  ( 17 min )

The S&P 500 fell 1.4% on Tuesday, Oct. 3, after a Labor Department report showed higher-than-expected job openings and bond yields increased.  ( 18 min )

It’s now up to the nine justices of the Supreme Court to decide whether the government’s consumer watchdog agency continues to exist.  ( 20 min )

WeWork shares fell to an all-time low Tuesday after the company said it wouldn't make interest payments due on $95 million in debt.  ( 17 min )

The harmonized sales tax is a hybrid of the Canadian goods and services tax and provincial sales tax applied to goods and services.  ( 24 min )

As buying a home becomes more unaffordable, people could turn to unexpected savings options like multi-family homes and robo-advisors.  ( 17 min )

After a rough first half of 2023 amid the regional banking crisis, Zions Bancorp (ZION) topped the list of S&P 500 returns in the third quarter, with shares up 30% since the start of July.  ( 19 min )

Tech giant Apple will now request app providers in its China App Store to prove they have a government listing, as Beijing tightens oversight.  ( 17 min )

The Trilemma theory posits that countries have three options for managing international monetary policy, but only one is achievable at a given time.  ( 22 min )

Can the U.S. government tighten its belt enough to dig itself out of debt? Here are options to reduce the national debt, beyond cutting spending and raising income taxes.  ( 22 min )

PNC Bank on Tuesday took on $16.6 billion in capital commitments, mostly loans, held by Signature Bridge Bank, a bridge bank set up by federal regulators in March after the collapse of its namesake bank.  ( 18 min )

After registering their biggest one-day drop in six months, 30-year mortgage rates have climbed higher, again nearing 8%. Movement was up for almost every loan type.  ( 19 min )

These companies have very little or no debt, which may be seen as a positive in today's economic environment.  ( 28 min )

TMRW Sports, founded by Tiger Woods and Rory McIlroy, and financial services company SoFi announced a partnership for a team golf league called TGL.  ( 17 min )

Estimates vary, but some put the U.S. underground economy between 6.4% and 12% of GDP.  ( 23 min )

Joseph Stiglitz is an American and New Keynesian economist. He is the winner of the 2001 Nobel Prize in economics for his research using information asymmetry.  ( 23 min )

Meta Platforms could soon roll out new ad-free subscription plans for Facebook and Instagram users in Europe as the tech giant works to avoid significant fines over privacy law violations.  ( 17 min )

Stock markets sank at midday as bond yields continued their climb and a report on August job openings showed the number of positions available exceeded estimates.  ( 16 min )

Learn more about Investopedia's Financial Review Board, who’s on it, and how articles on Investopedia are reviewed.  ( 26 min )

McCormick & Company shares fell to their lowest level since the start of the COVID-19 pandemic on slower Asia-Pacific region sales.  ( 17 min )

Roughly 13.9% of the population over 15 regularly provided unpaid care for someone 65 or older in 2021 and 2022—work that is roughly equivalent in value to the entire motor vehicle and parts industry’s gross domestic product.  ( 18 min )

Despite the economy slowing and facing the risk of recession, employers still want workers and plenty of them.  ( 17 min )

Entering its 18th day, the work stoppage is affecting operations across four Midwestern plants for the automakers, leading to the furlough of factory workers..  ( 18 min )

POINT Biopharma Global shares skyrocketed after Eli Lilly agreed to buy the radiopharmaceutical firm for $1.4 billion to expand its cancer-fighting treatments.  ( 17 min )

Personal loan rates edged up to 20.96% this week, adding 4 basis points since last week when the average personal loan rate stood at 20.92%.  ( 18 min )

Achieving equilibrium of prices in a single or multi-market setting involves a bidding process informed precisely by demand.  ( 22 min )

Meta reportedly weighs charging for ad-free versions of some of its social media platforms in Europe, and Ford and General Motors lay off more workers amid an ongoing strike. Here’s what investors need to know today.  ( 18 min )

Goizueta Business School is the business school located at Emory University in Atlanta, Georgia.  ( 23 min )

The high living standards and low-income disparity of Sweden, Norway, Finland, Denmark, and Iceland have captured the world’s attention.  ( 26 min )

De Scandinavische luchtvaartmaatschappij SAS komt deels in handen van Air France-KLM. Ook de Deense staat en twee investeringsmaatschappijen nemen een aandeel in de luchtvaartmaatschappij, maken de bedrijven dinsdag bekend.  ( 3 min )

Kelderende koersen, verdwenen miljarden en miljoenen gedupeerden. De ondergang van handelsplatform FTX vorig jaar zorgde voor een schok in cryptoland. De rechtszaak tegen oprichter en eigenaar Sam Bankman-Fried gaat vandaag van start.  ( 4 min )

Scheepsbouwer Damen eist compensatie van de Nederlandse overheid voor de financiële schade als gevolg van de sancties tegen Rusland. Het concern heeft een rechtszaak aangespannen, bevestigt Damen na berichtgeving van persbureau Bloomberg.  ( 3 min )

ING mag de rekening van Stichting Najiba niet opzeggen vanwege witwasregels, heeft de voorzieningenrechter in Amsterdam dinsdag besloten. De stichting was de afgelopen tijd bezig met het inzamelen van geld voor de slachtoffers van de aardbeving in Marokko.  ( 4 min )

Turken waren in september ruim 61 procent meer kwijt aan hun boodschappen en diensten dan een jaar eerder. Daarmee is de inflatie in Turkije verder opgelopen.  ( 3 min )

De Nederlandse belastingadviseur Frank B. is zondag door de Italiaanse politie uitgeleverd aan de Verenigde Staten en op een vliegtuig naar New York gezet.  ( 3 min )

De overheid gaat kinderopvang­organisaties compenseren voor de twee jaar dat zij hun elektrische bolderkarren van Stint niet mochten gebruiken.  ( 3 min )

Bij Geldmaat-automaten kun je vanaf vandaag geld opnemen zonder dat je een bankpas in de gleuf hoeft te steken. Dit contactloos pinnen kan ook met een mobiele telefoon of smartwatch.  ( 4 min )

Europeanen moeten mogelijk maandelijks 10 euro gaan betalen voor een advertentieloze versie van Facebook. Daar denkt moederbedrijf Meta over na, schrijft The Wall Street Journal. Het bedrijf zou de plannen aan Europese toezichthouders hebben voorgelegd.  ( 3 min )

De waarde van de roebel is dinsdag weer hard gedaald. Pogingen van de Russische centrale bank om de daling van de munt te stoppen lijken niet te helpen.  ( 3 min )

Voor het eerst krijgt een onderneming een boete voor het laten slingeren van afval in de ruimte. Communicatiebedrijf DISH heeft die bedenkelijke eer en moet 150.000 dollar betalen voor het niet opruimen van een satelliet.  ( 4 min )

Ambtenaren van de Belastingdienst maakten in een weekend in 2013 de overhaaste beslissing om het risicomodel dat tot de toeslagenaffaire leidde, in te voeren. Het zogenoemde risicoclassificatiemodel was daardoor onvoldoende getest. Dat blijkt uit verhoren door de parlementaire enquêtecommissie.  ( 5 min )

Het aantal horecazaken dat in de eerste jaarhelft de deuren heeft gesloten, was groter dan de afgelopen vijf jaren. Meer dan vierduizend ondernemers gooiden het bijltje erbij neer, blijkt uit cijfers van de Kamer van Koophandel (KVK). Ook het aantal faillissementen stijgt hard.  ( 5 min )

Discover shares surged after reaching a consent agreement with the FDIC over consumer compliance issues at the company's banking unit.  ( 1 min )

The United Auto Workers union reached a last-minute deal with Volvo-owned Mack Trucks, averting a strike.  ( 1 min )

Coinbase Global shares gained after the largest U.S. cryptocurrency exchange received a Major Payment Institution license from the Monetary Authority of Singapore, helping to expand its international reach.  ( 1 min )

Kellogg divided into two separate, publicly traded companies, and shares of both fell in their first day of trading after the split.  ( 1 min )

Tesla has released its third quarter production and delivery figures, which suffered due to downtime in its Austin and Shanghai factories.  ( 1 min )

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Do you love dividends? Of course you do — and rightly so! In a recent study conducted by Mike Wilson, the Chief Investment Officer at Morgan Stanley, the analysis focused on the performance of dividend-paying stocks compared to non-dividend-paying stocks since the year 2000. The historical data underscores a compelling trend: dividend-paying stocks consistently outperform non-dividend stocks over the medium to long term. That outperformance has even been more pronounced in times of uncertainty a  ( 36 min )

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The Chapter 11 filing of the ILWU dockworkers union dates back to a dispute over two electrician jobs in Oregon a decade ago. The post How a fight over 2 jobs bankrupted union of 40,000 dockworkers appeared first on FreightWaves.  ( 33 min )

Today's best CD rates are 6.00% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 20 min )

Monday was the first trading day under a new structure that splits the core North American cereal business away from snack brands such as Pringles.  ( 22 min )

Analysts see a chance that the highflying stock could suffer the same fate as Cisco Systems, which has yet to regain the peak it hit in 2000.  ( 22 min )

Boeing stock dropped 14% in September. J.P. Morgan analyst Seth Seifman has a Buy on the stock and says its drop has made it more attractive.  ( 21 min )

Kellogg divided into two separate, publicly traded companies, and shares of both fell in their first day of trading after the separation.  ( 17 min )

A U.S. Patent Office tribunal on Monday rejected challenges to two key patents owned by Novo Nordisk covering the active ingredient in its weight-loss and diabetes drugs Wegovy and Ozempic brought by a generic drugmaker that is hoping to sell generic versions of the blockbuster medications. The office's Patent Trial and Appeal Board denied the requests by Mylan Pharmaceuticals, which is owned by Viatris, to review the validity of the Wegovy and Ozempic patents.  ( 32 min )

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Unless Congress takes action, the lifetime estate and gift tax exemption will decrease significantly at the end of 2025. Donor-advisor funds, charitable remainder trusts, and SLATs can help reduce the impact.  ( 22 min )

Snap, crackle... drop. Shares of Kellanova, the Rice Krispies Treats company, fell Monday, finishing their first day of trading down about 6%. Shares of WK Kellogg, the Rice Krispies cereal company, fell 9%. The companies are the result of the separation of Kellogg into two companies—WK Kellogg us  ( 23 min )

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(Bloomberg) -- Microsoft Corp. was willing to hide its search engine’s “Bing” brand on Apple Inc. devices in order to secure an agreement with the iPhone maker and unseat Google, Chief Executive Officer Satya Nadella testified Monday.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Severe Crash Is Coming for US Office Properties, Investors SayBond Selloff Batters Stocks, But Spares Big Tech: Markets WrapJ  ( 33 min )

Boeing stock dropped 14% in September. J.P. Morgan analyst Seth Seifman has a Buy on the stock and says its drop has made it more attractive.  ( 22 min )

Shares of utility NextEra Energy are heading for their largest one-day drop since the start of the pandemic as worries about higher interest rates continue to batter clean-energy stocks.  ( 23 min )

Earn up to 6.25% with one of these "cream of the crop" CDs, including a 6.00% option anyone in the country can open for a take-your-pick term of 12 to 17 months.  ( 18 min )

At age 99, Berkshire Hathaway Inc. Vice Chairman Charlie Munger has lived through significant events in history and witnessed numerous economic cycles. Despite his vast experience and candid nature, it's his perspective on optimism that stands out. Known for his sharp wit and incisive one-liners, Munger quips, "If I can be optimistic when I'm nearly dead, surely the rest of you can handle a little inflation." Trending: Until 2016 it was illegal for retail investors to invest in high-growth start  ( 34 min )

When the stock market was soaring, dividends of a few percent probably didn't seem like much. But in 2022 — when the benchmark S&P 500 tumbled nearly 20% — many investors learned the hard way that stocks don't always go up. In the unpredictable stock market, investors may find solace in the steady rhythm of dividends. With the right dividend stocks, investors can bypass the stress and uncertainty associated with attempting to time the market, all while benefiting from a passive income stream. Bu  ( 33 min )

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Steve Burns cashed out more than $60 million in stock in Lordstown Motors. Now he is buying its assets out of bankruptcy for $10 million. The post Lordstown Motors founder buys company assets out of bankruptcy appeared first on FreightWaves.  ( 33 min )

NVIDIA Corp. is one of the biggest names and most influential companies in artificial intelligence (AI), but many people have no idea what it does. They're more familiar with companies like OpenAI, Anthropic PBC and Multiverse. If you're wondering where NVIDIA fits into the AI landscape, take a look at a passage from the company's website: The recent breakthroughs in generative AI bring a new level of versatility and insights to the enterprise. Now, the world's most advanced AI platform — NVIDIA  ( 33 min )

The veteran market watcher wasn’t surprised by the market falling in August and September, in fact, he called it.  ( 33 min )

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Several of Bankman-Fried’s former colleagues and friends will testify against the one-time crypto mogul following plea deals they struck with the U.S. Department of Justice, including his former romantic partner Caroline Ellison and childhood friend Gary Wang, who were both deeply involved in the daily workings of both FTX and its quant-driven trading shop, Alameda Research. Another two individuals, who prosecutors have yet to publicly name, may testify if granted immunity, suggesting they may a  ( 36 min )

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The cannabis company Tilray expanded its position in the craft brew industry, completing the acquisition of eight beer brands from Anheuser-Busch that it had announced over the summer. Included in the deal are well known labels like Shock Top, Breckenridge Brewery, Blue Point Brewing Company, 10 Barrel Brewing Company, Redhook Brewery, Widmer Brothers Brewing, Square Mile Cider Company, and HiBall Energy.  ( 33 min )

Oil is set to go lower after gaining 28% in the third quarter, according to Citi's commodity analysts.  ( 33 min )

McDonald's and Wendy's have defeated a lawsuit accusing them of deceiving hungry diners by exaggerating the size of their burgers. In a decision on Saturday, U.S. District Judge Hector Gonzalez in Brooklyn found no proof that the fast-food chains delivered smaller burgers than advertised, or that the plaintiff Justin Chimienti had even seen ads for the McDonald's Big Mac and Wendy's Bourbon Bacon Cheeseburger he bought. Chimienti, a resident of Long Island's Suffolk County, said McDonald's and Wendy's ads depicted undercooked beef patties because meat shrinks 25% when cooked.  ( 32 min )

Tesla reported third quarter delivery figures that missed the mark, as scheduled downtime at some of its plants have shifted future production further into the fourth quarter.  ( 33 min )

The U.S. Supreme Court on Monday declined to hear a bid by Sony Music, Warner Music and other music publishers to hold the owner of Wolfgang's Vault directly liable for copyright infringement for recordings by rock greats such as the Rolling Stones and the Who posted on the online concert archive. The justices turned away an appeal by the music publishers of a lower court's decision that spared Bill Sagan, Wolfgang's Vault owner, of direct liability for copyright infringement.  ( 32 min )

Hedge funds using computers to trade equities are expecting to start selling to the tune of $20 billion to $30 billion in the next two weeks given retreating stock markets, a UBS note seen by Reuters shows. The bank anticipates as much as $30 billion of outflows will soon hit markets, potentially exacerbating the downward move in shares, as these hedge funds start selling stock to follow the recent negative performance. This will be the first time these hedge funds will be net short equity markets since November 2022, the bank said.  ( 31 min )

(Bloomberg) -- Dental aligner company SmileDirectClub Inc. will spend about two months looking for a rescuer and will liquidate if no buyer emerges, according to court papers. Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Severe Crash Is Coming for US Office Properties, Investors SayOnce Unthinkable Bond Yields Now the New Normal for MarketsStocks Lose Footing as Treasury Yields Surge: Markets WrapThe  ( 32 min )

A day after surging into historic 8% territory, 30-year mortgage rates have plunged, registering their biggest one-day drop in more than 6 months.  ( 20 min )

Pitney Bowes President and CEO Marc Lautenbach had been at the center of a proxy fight with Hestia. The post Pitney Bowes president and CEO steps down appeared first on FreightWaves.  ( 32 min )

(Bloomberg) -- Federal Reserve Governor Michelle Bowman again said that multiple interest-rate hikes may be required to get inflation down to the central bank’s goal even after data for August showed some of the slowest price increases since 2020.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonSevere Crash Is Coming for US Office Properties, Investors SayAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.Once Unthinkable Bond Yields Now the New Normal fo  ( 32 min )

The bulls took hold of the stock market narrative at the start of the year, and charged ahead all the way into mid-summer, but since then the bears have been rather noisy. On the back of rising oil prices, fears of interest rates staying high for longer than hoped for, and the possible prospect of a recession still looming, the markets have been shaky and have been handing back prior gains. However, against a backdrop of a ‘Goldilocks economy,’ i.e., “not too hot, not too cold… just right,” bill  ( 36 min )

Rivian upgraded, SolarEdge downgraded: Wall Street's top analyst calls  ( 34 min )

Tesla has released its third quarter production and delivery figures, which suffered due to downtime in its Austin and Shanghai factories.  ( 17 min )

What you need to know about adding bonds to your portfolio as Treasury yields hover at 5%  ( 26 min )

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Evercore ISI analyst Chris McNally upgraded electric-truck maker Rivian to Buy from Hold. Deliveries were strong, too. Profit-takers may be at work.  ( 22 min )

The chip maker's stock has almost tripled in value this year but has moved sideways in recent months. Citi analysts say the shares could receive a new push in the first half of 2024.  ( 22 min )

For the first time in more than a year, the automaker’s global deliveries to customers fell quarter-over-quarter by 6.7%.  ( 27 min )

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Shares of Tesla are down in morning trading after Elon Musk's electric-vehicle company said global deliveries to customers fell quarter-over-quarter for the first time in more than a year. The slowing sales momentum during the third quarter came as Tesla took production offline for factory upgrades  ( 22 min )

The iconic Kellogg is now two separate companies. Here's why it happened.  ( 33 min )

The iconic Kellogg is now two separate companies. Here's why it happened.  ( 33 min )

Citi initiated coverage of Zions Bancorp and other regional banks, arguing that much of the sector’s bad news is already baked into their stock prices.  ( 22 min )

The bank has updated its Focus List, the compilation of its analysts' top ideas. These three shares could help a portfolio rebound.  ( 22 min )

Tesla missed market estimates for third-quarter deliveries on Monday as the automaker was forced to curb production due to planned factory shutdowns, sending its shares down 3.7% in trading before the bell. The electric-vehicle maker handed over 435,059 vehicles in the three months to Sept. down nearly 7% from the preceding quarter.  ( 32 min )

The U.S. Justice Department's once-in-a-generation antitrust fight with Alphabet's Google gets some star power on Monday when Microsoft chief executive Satya Nadella takes the witness stand. The government is likely to ask Nadella about the obstacles posed by Google's dominance as Microsoft sought to grow Edge and Bing, its browser and search engine. The government has argued that Google, worth more than $1 trillion with some 90% of the search market, illegally paid $10 billion annually to smartphone makers like Apple and wireless carriers like AT&T and others to be the default search engine on their devices.  ( 32 min )

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The move comes weeks after Digital World investors voted to give up to a one-year extension to complete the much-delayed deal. The blank-check firm amended the merger agreement on Sept. 29, according to the filing, which also disclosed that Digital World can terminate the agreement only in that three-week period in November. "The Third Amendment extends the period of time for the parties to complete mutual supplemental due diligence ahead of DWAC's anticipated filing of an updated registration statement on Form S-4 with the Securities and Exchange Commission," the companies said in a release dated Sept. 29.  ( 32 min )

Nvidia has almost tripled in value this year but the stock has moved sideways in recent months. Citi analysts say the shares could receive a new push in the first half of 2024.  ( 22 min )

Electric-vehicle maker Rivian Automotive on Monday reported third-quarter deliveries above analysts' estimates, as it ramped up production to meet a sustained demand for its pickup trucks and sport-utility vehicles (SUVs). The stronger-than-expected numbers from Rivian come amid concerns of softening demand for electric vehicles in the U.S. due to higher borrowing costs, which has prompted price cuts and discounts by rivals including Tesla. Rivian, which makes R1T pickup trucks and R1S SUVs, delivered 15,564 vehicles in the quarter ended Sept. 30, compared with Visible Alpha estimates of 14,740 vehicles and up 23% from the second quarter.  ( 32 min )

Wall Street was set to open lower on Monday as the 10-year Treasury yield regained 2007 highs, while investors awaited comments from Federal Reserve Chair Jerome Powell and more data this week to gauge the central bank's interest-rate path. Powell and Philadelphia Fed President Patrick Hasker will speak at a roundtable discussion, due 11 a.m. ET, with local employers and small business owners on efforts to grow the economy. Yield on the 10-year Treasury note edged higher on Monday at 4.6371%, touching 16-year highs again, while the yield on the 2-year note, which best reflects interest rate expectations, remained above 5%.  ( 33 min )

Evercore ISI analyst Chris McNally now rates the electric-truck maker at Buy, rather than at Hold. His price target is $35 a share, up from $30.  ( 22 min )

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Energy Transfer, L.P. (ET) shares are cruising, up 18% in 2023. Constant demand for the stock is powering the surge.  ( 32 min )

Stocks lost hold of earlier premarket gains as investors weighed what the deal to avert shutdown means.  ( 33 min )

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Where do the alleged crimes of Sam Bankman-Fried stack up against history's biggest fraudsters?  ( 34 min )

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Retiring at age 62 and filing for Social Security will reduce a person’s lifetime benefits by up to 30% compared to waiting until their full retirement age. However, a person with $2.5 million in a Roth IRA may feel more comfortable retiring at age 62, despite the impact that early retirement will have on their […] The post I Have $2.5 Million in a Roth IRA and Will Receive $2,500 Monthly From Social Security. Can I Retire at 62? appeared first on SmartReads by SmartAsset.  ( 35 min )

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(Bloomberg) -- The central argument for buying shares in highly valued Big Tech companies this year — unmatched prowess in generating earnings — is starting to look prescient. Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineAging Trees Show a Crisis Looms for the World’s Everything OilSevere Crash Is Coming for US Office Properties, Investors SayThe p  ( 34 min )

We will likely see a groundswell of Wall Street chatter on how the ongoing debt ceiling drama is slowly eroding confidence in the country.  ( 33 min )

↗️ Tesla (TSLA): The car maker is expected to report third-quarter vehicle sales Monday. A lack of news about Tesla starting deliveries of the Cybertruck has [raised more questions](https://www.wsj.com/business/autos/for-teslas-cybertruck-another-sa  ( 22 min )

After a splashy debut, the EV maker has struggled to keep production up and costs down—and has been losing $33,000 for every vehicle sold.  ( 22 min )

Cooler Screens, which sells advertising space on refrigerator door screens, is suing Walgreens for reneging on a contract to bring the technology to 2,500 stores.  ( 28 min )

(Bloomberg) -- Ministers and oil industry chiefs are gathering for the biggest energy conference in the Middle East as crude heads toward $100 a barrel. Whether prices can hold at these levels and the outlook for OPEC+ supply cuts are among topics that will be discussed from Monday.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineAging Trees Show a Cri  ( 33 min )

Well, that was fun. So, what's next? Stocks fell in September, finishing out a downbeat quarter on a neg  ( 22 min )

The bank has updated its Focus List, the compilation of its analysts' top ideas. These three shares could help a portfolio rebound.  ( 22 min )

Michael Lewis revealed management failings at crypto exchange FTX, and a billion-dollar plan to keep Trump out of office in an interview with CBS.  ( 31 min )

Tesla is expected to report third-quarter deliveries on Monday, Chinese electric-vehicle makers NIO, XPeng, and Li Auto report sold deliveries for September, and AMC stock gets a boost from a report that says the Beyonce Renaissance World Tour concert film will be distributed through AMC theaters.  ( 22 min )

(Bloomberg) -- US technology stocks may be about to turn a corner after the Nasdaq 100’s biggest monthly decline this year, according to strategists at Goldman Sachs Group Inc. Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineAging Trees Show a Crisis Looms for the World’s Everything OilMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerThe  ( 33 min )

Last week the company attained regulatory approval in Bermuda and registered with Spains central bank.  ( 32 min )

Oil prices pushed higher as tightening fundamentals continued to support key benchmarks, and ING said investors will look to OPEC+ Joint Ministerial Monitoring Committee on Wednesday to see if there are signs of a change in its output policy.  ( 25 min )

(Bloomberg) -- The luxury apartments at One Blackfriars are billed as some of London’s most prized properties, with sweeping views of the city’s major attractions from the banks of the River Thames.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSevere Crash Is Coming for US Office Propert  ( 32 min )

The NLRB’s proposed joint-employer rule threatens to hold big brands accountable for work conditions at their franchise locations.  ( 22 min )

High-quality names Apple, Amazon, Starbucks, Netflix, and JPMorgan are all in the discount bin after a brutal September. Here's why it's time to buy.  ( 22 min )

Here is your Pro Recap of 5 head-turning deal dispatches you may have missed last week: deals at Chicos/Sycamore Partners, Blue Apron/Wonder, Carlyle in talks to acquire a majority stake in Medtronic units, Bain Capital considering a takeover of CCC Intelligent Solutions, and John Malone's Liberty Media considering merging its stake in SiriusXM with the rest of the radio company. Chico's FAS (NYSE:CHS) shares soared by over 63% on Thursday following the company's announcement of its agreement to be acquired by Sycamore Partners for a total of $1 billion ($7.60 per share in cash), as reported in real-time on InvestingPro.  ( 34 min )

The Singapore arm of cryptocurrency exchange Coinbase said on Monday that it had obtained a Major Payment Institution (MPI) licence from the city-state's central bank. The licence, granted by the Monetary Authority of Singapore (MAS), will allow the largest U.S. crypto exchange to offer digital payment token services to individuals and institutions in Singapore.  ( 31 min )

Citi initiated coverage of Zions Bancorp and other regional banks, arguing that much of the sector’s bad news is already baked into their stock prices.  ( 22 min )

The U.S. bond market is calling a moment: the age of low interest rates and inflation that began with the 2008 financial crisis has ended. The market's view has come into sharp focus in recent days amid a dramatic run-up in 10-year Treasury yields that hit 16-year highs. Behind that move is a bet that the disinflationary forces the Federal Reserve fought with its easy money policies in the aftermath of the financial crisis have abated, according to investors and a regularly updated New York Fed model based on yields.  ( 33 min )

After a rough September, investors will be looking for something positive to kick off the fourth quarter, although a dump of economic data from Europe on Monday may not give them the lift they want. A round of purchasing managers index (PMI) data from across the globe continues with Europe on Monday, following Chinese PMI data over the weekend that pointed to mixed levels of services and manufacturing activity last month. Markets have been feeling the pain after stocks, bonds and non-dollar currencies around the world mostly fell in the previous month, as investors adjusted to the idea that U.S. interest rates will stay elevated for longer.  ( 32 min )

(Bloomberg) -- Bitcoin climbed to a six-week high as inflows picked up at the start of October, a month that has typically seen gains in the token. Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownSmaller peers including Ether, Litecoin a  ( 31 min )

China will back firms in the smart vehicle supply chain to form groups dedicated to spreading innovation, state media said on Monday, as it races to hammer out standards for assisted and autonomous driving functions by 2025. The world's largest auto market, which set the target for such standards in July, has made so-called intelligent connected vehicles (ICVs) a long-term strategic focus in a drive to become the leading global player in the still nascent industry. China will support firms in forming "innovation consortia", that enable them to learn from each other's strengths in order to achieve technological breakthroughs, the official Xinhua news agency said.  ( 31 min )

(Bloomberg) -- Skyrocketing sugar prices are hitting some of Africa’s poorest nations particularly hard, forcing families and restaurants to forgo use of the ingredient that is core to local diets.Most Read from BloombergWhy a US Recession Is Still Likely — and Coming SoonOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government  ( 34 min )

Gold extended losses on Monday for the sixth consecutive session to hit a near seven-month low, as the dollar stayed strong, with traders digesting a key U.S. inflation report as they positioned for a slew of job market data due this week. Spot gold was down 0.3% to $1,843.67 per ounce by 0325 GMT, its lowest level since March 10. "The data out of the U.S. is getting softer and the U.S. Federal Reserve's squeeze is starting to show up in more and more places," said Ilya Spivak, head of global macro at Tastylive.  ( 32 min )

Evergrande has been working to get creditors' approval to restructure its offshore debt but the process grew more complicated last week when the company said it could not issue new debt due to an investigation into its main China unit. Reuters reported last week that a group of offshore creditors was planning to join a court petition to liquidate the developer if it did not submit a new debt restructuring plan by the end of October. Evergrande did not immediately respond to a Reuters request for comment during week-long National Day holidays.  ( 32 min )

Concerts, trips and designer handbags are taking priority over saving for a home or rainy day.  ( 22 min )

(Bloomberg) -- Lithium prices are spiraling down toward the lowest level in two years on concerns over the strength of Chinese demand for the material, a key ingredient in electric vehicle batteries.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownWhy a US Recession Is Still Likely — and C  ( 32 min )

(Bloomberg) -- Treasuries began the week on the back foot after a US government shutdown was averted, eliminating a point of uncertainty for traders and returning their focus to the path ahead for interest rates.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownWhy a US Recession Is Still L  ( 32 min )

Oil prices climbed on Monday, reversing some of Friday's losses, as investors focused on a tight global supply outlook and a last-minute deal that avoided a U.S. government shutdown restored their risk appetite. Brent December crude futures rose 18 cents, or 0.2%, to $92.38 a barrel by 0037 GMT after falling 90 cents on Friday. U.S. West Texas Intermediate crude futures gained 23 cents, or 0.3%, to $91.02 a barrel, after losing 92 cents on Friday.  ( 33 min )

(Bloomberg) -- Asian equities look poised for a weak open as investors contend with the prospect of global interest rates staying at their highest levels in decades.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownEurope’s Richest Royal Family Builds $300 Billion Finance EmpireFutures for  ( 32 min )

(Bloomberg) -- Office prices in the US are due for a crash, and the commercial real estate market faces at least another nine months of declines, according to Bloomberg’s latest Markets Live Pulse survey.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerSenate Voting on Bill to Avert US Government ShutdownMarket Stress Rises Over Wild Week Ah  ( 33 min )

The S&P 500 rose just 0.01% on Oct. 2, 2023, with shares of Discover Financial Services leading gains after reaching a consent agreement with the FDIC.  ( 1 min )

Mega-cap tech stocks could get a boost in the fourth quarter as Treasury yields pull back, analysts at Goldman Sachs wrote in a research note.  ( 1 min )

U.S. equities began October mixed at midday on Oct. 2, 2023, as Congress avoided a government shutdown but bond yields rose amid concerns about more Fed rate hikes.  ( 1 min )

Chinese electric vehicle (EV) sales surged in September, underscoring a booming market that has held steady despite the country's recent economic woes.  ( 1 min )

SolarEdge, Insulet, and Dollar General returned the biggest losses of all stocks in the S&P 500 during the third quarter of 2023.  ( 1 min )

Investopedia's latest investor sentiment survey shows that nearly one third of respondents say they are investing less lately due to recent market turbulence. Spiking bond yields, a rise in oil prices, lingering inflation and political uncertainty are driving them to seek shelter in the bank and avoid stocks.  ( 19 min )

The S&P 500 rose just 0.01% on Oct. 2, 2023, with shares of Discover Financial Services leading gains after reaching a consent agreement with the FDIC.  ( 16 min )

Today's best CD rates are 6.00% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

Kellogg divided into two separate, publicly traded companies, and shares of both fell in their first day of trading after the split.  ( 17 min )

With no winner on Saturday, tonight's Powerball jackpot stands at a whopping $1.04 billion for Monday night's drawing. But the soaring odds of matching the right six numbers are overshot by the dizzying tax bill that awaits the winner.  ( 17 min )

You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )

A new study from the Pew Research Center provides evidence that the American middle class is losing ground financially.  ( 24 min )

Ether futures exchange-traded funds (ETFs) saw a decline in value and limited volume activity on debut Monday, though more such products are in the pipeline.  ( 18 min )

More decision-makers at the Federal Reserve and on Wall Street are coming around to the view that the U.S. economy can avoid a crash—or at least have a kinder, gentler recession than they once predicted.  ( 18 min )

Discover shares surged after reaching a consent agreement with the FDIC over consumer compliance issues at the company's banking unit.  ( 17 min )

SolarEdge, Insulet, and Dollar General returned the biggest losses of all stocks in the S&P 500 during the third quarter of 2023.  ( 19 min )

Elinor Ostrom was a political scientist whose work on resource management made her the first woman to win the Nobel Prize in Economic Sciences.  ( 24 min )

Mega-cap tech stocks could get a boost in the fourth quarter as Treasury yields pull back, analysts at Goldman Sachs wrote in a research note.  ( 17 min )

Earn up to 6.25% with one of these "cream of the crop" CDs, including a 6.00% option anyone in the country can open for a take-your-pick term of 12 to 17 months.  ( 18 min )

Craig Gillespie's funny and fast-paced Dumb Money is based on the real-life story of amateur trader Keith Gill, who goes all in on GameStop shares while convincing thousands of others to do the same through his YouTube channel, Roaring Kitty. At his peak, Gill's investment in GameStop was worth $48 million.  ( 19 min )

Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan.  ( 22 min )

Financing grad school can be a daunting task. Learn about the different options to help pay for your graduate degree, including scholarships, grants, and loans.  ( 23 min )

Find out if all of the effort devoted to obtaining the CFA is worth it, especially in today's crowded financial job market.  ( 20 min )

Chinese electric vehicle (EV) sales surged in September, underscoring a booming market that has held steady despite the country's recent economic woes.  ( 18 min )

The World Bank slashed its outlook for 2024 gross domestic product growth for developing economies in East Asia and the Pacific as China's economy slows.  ( 17 min )

"Initial claims" refers to a report that measures the number of jobless claims filed by individuals seeking to receive unemployment benefits.  ( 21 min )

Many indexes and indicators are created by the Office of National Statistics. Here's an explainer of the top economic indicators for the United Kingdom.  ( 25 min )

The marginal propensity to invest (MPI) is the proportion of an additional increment of income that is spent on investment.  ( 25 min )

Theodore W. Schultz was an agricultural economist who won the Nobel Prize in Economics in 1979 for his research in development economics.  ( 21 min )

Homeowners can use several tax credits and deductions, including the mortgage interest deduction and the SALT deduction, to reduce their tax bills.  ( 28 min )

Knowing how to start a small business involves the key steps of market research, setting up a business plan, understanding the legal requirements, exploring funding options, crafting a marketing strategy, and managing your business.  ( 25 min )

H.R. 5860 keeps the government open until Nov. 17 by providing fiscal 2023 appropriations to federal agencies and extending several expiring authorizations. The 45-day funding extension gives lawmakers time to pass a budget omnibus bill.  ( 19 min )

ASML is the only company in the world that currently produces extreme ultraviolet (EUV) lithography machines, which are used to produce cutting-edge microchips. It also builds other types of machines, refurbishes existing machines, and designs software, and has a robust training and customer service support program.  ( 23 min )

Starting a business with no money can be challenging, but it's not impossible if you know how to get creative with finding ways to finance it.  ( 25 min )

U.S. equities began October mixed at midday on Oct. 2, 2023, as Congress avoided a government shutdown but bond yields rose amid concerns about more Fed rate hikes.  ( 16 min )

Of the 10 biggest Latin American banks, five are in Brazil, three are in Mexico, and two are in Chile.  ( 27 min )

Coinbase Global shares gained after the largest U.S. cryptocurrency exchange received a Major Payment Institution license from the Monetary Authority of Singapore, helping to expand its international reach.  ( 17 min )

The United Auto Workers union reached a last-minute deal with Volvo-owned Mack Trucks, averting a strike.  ( 16 min )

With an impending increase in US interest rates and lower, even negative rates, elsewhere in Europe and Japan, we assess the impact on private equity.  ( 26 min )

Get a piece of Warren Buffett's profit by building a portfolio that mimics Berkshire Hathaway's. See his investments using SEC Form 13F and coattail his picks.  ( 26 min )

Christopher P. Gardner, the self-proclaimed CEO of Happyness, describes his journey from the depths of despair as a single, homeless father, to finding his path as a stock broker, investment manager, best-selling author, philanthropist and dream-manifestor.  ( 15 min )

A day after surging into historic 8% territory, 30-year mortgage rates have plunged, registering their biggest one-day drop in more than 6 months.  ( 19 min )

Tesla has released its third quarter production and delivery figures, which suffered due to downtime in its Austin and Shanghai factories.  ( 17 min )

Investopedia’s 2023 Robo-Advisor Consumer Survey revealed that almost half of investors believe a robo-advisor is a great way to save and invest money to buy a home.  ( 21 min )

China Investment Corporation is the sovereign wealth fund of China that invests in public and private assets to diversify foreign exchange holdings.  ( 22 min )

The United Auto Workers reached an agreement with Mack Trucks to avert a strike and Apple said it would release a software update to address iPhone 15 overheating issues. Here’s what investors need to know today.  ( 18 min )

The totalitarian economy of North Korea is very secretive.  ( 24 min )

If your bank fails, your deposits will be moved to another bank or paid out by the FDIC to you, up to a certain limit. Learn more about how to recoup your money and protect it.  ( 26 min )

Real estate agents, brokers, and Realtors are often considered the same. In reality, these positions have somewhat different responsibilities.  ( 26 min )

Nederlandse zeehavens losten twee keer zoveel gas uit de Verenigde Staten in 2022 dan een jaar eerder. De aanvoer van aardolie en aardolieproducten uit Rusland nam juist af.  ( 3 min )

Het lijkt erop dat er inderdaad minder blikjes bij het zwerfafval belanden sinds deze sinds 1 april kunnen worden ingeleverd voor statiegeld. Een eerste meting laat een daling van een derde zien.  ( 3 min )

Het sandalenmerk Birkenstock gaat de beurs op met ongeveer 32,2 miljoen aandelen voor een uitgifteprijs tussen de 44 en 49 dollar, maakt het bedrijf bekend. Dat kan Birkenstock tot wel 1,6 miljard dollar opleveren.  ( 3 min )

De goudprijs is maandag gedaald naar het laagste niveau in zeven maanden, gedrukt door de sterkere dollar en de stijgende rentes op Amerikaanse staatsobligaties. Daardoor wordt goud minder aantrekkelijk als belegging.  ( 3 min )

Het sandalenmerk Birkenstock gaat de beurs op met ongeveer 32,2 miljoen aandelen voor een uitgifteprijs tussen de 44 en 49 dollar, maakt het bedrijf bekend. Dat kan Birkenstock tot wel 1,6 miljard dollar opleveren.  ( 3 min )

De fabrikant van het populaire speelgoed Playmobil schrapt wereldwijd bijna zevenhonderd banen. Volgens het Duitse bedrijf, Horst Brandstätter Group, is de ontslagronde nodig omdat consumenten minder geld uitgeven.  ( 3 min )

Naast bellen met de belastingtelefoon of fysiek afspreken op een belastingkantoor kun je voortaan ook videobellen met een belastingmedewerker. Sinds maandag kunnen afspraken voor videogesprekken gemaakt worden via de belastingtelefoon en de website van de fiscus.  ( 3 min )

De verkoop van nieuwe personenauto's in Nederland is ook in september fors gestegen. Het gaat om een toename van bijna 17 procent ten opzichte van een jaar eerder.  ( 3 min )

De Autoriteit Consument & Markt (ACM) heeft het bezwaar van Apple tegen een boete van 50 miljoen euro afgewezen. De iPhone-fabrikant stapt nu naar de rechter in een poging om alsnog onder de straf uit te komen.  ( 4 min )

De Tegemoetkoming Energiekosten (TEK) kan vandaag voor het laatst worden aangevraagd. Veel ondernemingen die grote hoeveelheden gas en elektriciteit verbruiken, vragen nog snel een tegemoetkoming aan. Vorige week kwamen er acht keer meer aanvragen binnen dan in eerdere weken.  ( 3 min )

Veel banken en andere geldverstrekkers hebben hun hypotheekrentes afgelopen week opgeschroefd. Daardoor staan veel rentes op het tot nu toe hoogste punt van het jaar.  ( 4 min )

Autofabrikanten staan in de rij voor 'groen staal'. Het probleem is dat het meeste staal nog steeds wordt gesmeed met behulp van fossiele brandstoffen.  ( 4 min )

Het aandeel Ajax verloor maandag 0,5 procent bij de opening van de beurs. Beleggers verwerken de jaarcijfers van de voetbalclub die vlak voor het weekend zijn gepubliceerd.  ( 3 min )

Bedrijven die jarenlang in bestelbusjes met sjoemelsoftware hebben rondgereden, eisen nu een schadevergoeding van autofabrikanten. Transport en Logistiek Nederland (TLN) gaat de ondernemingen daarbij helpen.  ( 4 min )

De Nederlandse industrie zit in de problemen. Het aantal orders loopt al geruime tijd terug, zowel in eigen land als vanuit het buitenland. Sommige bedrijven zetten daarom het mes in het personeelsbestand.  ( 3 min )

Bedrijven die hun producten nog niet helemaal duurzaam verpakken, krijgen vanaf volgend jaar toch korting op de inzameling en recycling van niet volledig duurzaam plastic.  ( 3 min )

Het caravan- en camperbezit onder jongeren is de afgelopen jaren fors gestegen. Tussen 1 januari 2020 en 1 september 2023 steeg het bezit onder Nederlanders tot en met 25 jaar met liefst 53 procent.  ( 3 min )

De premie voor de autoverzekering is de afgelopen twee jaar veel harder gestegen bij jongeren tussen 18 en 24 jaar dan bij andere automobilisten. Jongeren waren al duurder uit, maar het prijsverschil tussen hen en 25-plussers loopt verder op.  ( 5 min )

The labor union for West Coast dockworkers filed for bankruptcy to fend off a judgment holding it liable for what a federal jury found to be illegal slowdowns and work stoppages at the Port of Portland in Oregon.  ( 26 min )

Dividend investing has always been popular, and for good reason. Dividend stocks offer a wide range of advantages for return-minded investors, but two of the most significant are a reliable income stream and an inflation-beating yield. Taken together, these advantages can form the base of a truly sound portfolio. The majority of dividend stocks pay out on a quarterly basis, but turning towards those with a monthly payment schedule allows investors to better plan their income streams to meet thei  ( 35 min )

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Drugmaker Viatris said on Sunday that it has entered into agreements to divest its businesses, including the Women's Healthcare business and its Active Pharmaceutical Ingredients (API) business. It also received an offer for the divestiture of its Over-the-Counter (OTC) business. Viatris will divest its API business in India to an Indian pharmaceutical company, Iquest Enterprises, the company said.  ( 32 min )

The former boss of BP Bernard Looney is facing fresh allegations after the oil company’s 60,000 pensioners accused him of slashing their retirement pots.  ( 33 min )

An early burst of positive sentiment - or relief - after the U.S. Congress agreed a last-minute deal to prevent a partial federal government shutdown could give Asian markets a boost at the open on Monday. But Chinese purchasing managers index data over the weekend, which pointed to mixed levels of services and manufacturing activity last month, may put a dampener on that.  ( 32 min )

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Dividend stocks provide investors with reliable passive income and make it possible to reinvest money back into the dividend-issuing company.  ( 21 min )

Here's how much of the prize you would take home after taxes and five ways to invest your windfall.  ( 33 min )

Walmart is updating job titles and pay structure for corporate staff roles as part of a review of its compensation structures and job descriptions across the company.  ( 33 min )

(Bloomberg) -- An against-the-odds deal to avert a US shutdown is soothing nerves across Wall Street after a week of interest rate-spurred market disruptions. Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineSenate Voting on Bill to Avert US Government ShutdownMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerEurope’s Richest Royal Family Builds $300 Billion Finance EmpireWhile money manage  ( 33 min )

The best-performing growth stocks returned up to 537% in the last year, dramatically better than the performance of the category's benchmark index.  ( 21 min )

Companies like JPMorgan, Amazon, and Goldman Sachs monitor compliance with return-to-office mandates by keeping electronic tabs on workers.  ( 34 min )

(Bloomberg) -- Billionaire Bill Ackman would be interested in pursuing a deal with Elon Musk-owned X Corp. as part of a new investment vehicle, the Wall Street Journal reported.Most Read from BloombergOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineSenate Voting on Bill to Avert US Government ShutdownMcCarthy to Face Far-Right Attempt to Oust Him as House SpeakerEurope’s Richest Royal Family Builds $300 Billion Finance Empire  ( 32 min )

Sam Bankman-Fried cannot blame FTX's lawyers for its collapse or operations in his opening statements, though he can still try and make a so-called "advice-of-counsel" defense later, the federal judge overseeing his case ruled Sunday.  ( 31 min )

The union has listed its assets and liabilities in the range of $1 million to $10 million, according to the Sept. 30 filing made in a San Francisco court. "While we have attempted numerous times to resolve the decade-long litigation with ICTSI Oregon, at this point, the Union can no longer afford to defend against ICTSI's scorched-earth litigation tactic", said ILWU International President Willie Adams.  ( 31 min )

Wall Street projects that Tesla delivered about 455,000 units in the third quarter. Estimates are wide-ranging though. The number could come in anywhere from 440,000 to 485,000 units.  ( 22 min )

There’s always a long list of reasons to be worried and dump stocks. So during those stretches when markets are down, it’s pretty easy to just back into a narrative that seems to make sense.  ( 37 min )

Just when it looked like West Coast port labor drama had dissipated, the ILWU has filed for bankruptcy protection. The post ILWU dockworkers union files for Chapter 11 bankruptcy protection appeared first on FreightWaves.  ( 32 min )

A court filing from Saturday offers further details on the Department of Justice's case against the disgraced FTX founder.  ( 32 min )

Tax-free municipal bonds are not just a source of investment but also a significant contributor to public projects such as roads, schools and hospitals. These debt instruments are issued by local or state governments, attracting investors for their provide tax-advantaged income. The interest earned from these bonds is typically exempt from federal taxes and, potentially, […] The post What Are Tax-Free Municipal Bonds and Should You Invest? appeared first on SmartReads by SmartAsset.  ( 34 min )

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Investing in a 401(k) is chosen by many employees, offering a convenient and often successful method to save for retirement. While a 401(k) may often be a wise decision, it comes with risks, and understanding how to handle market fluctuations affecting your account value is crucial for long-term financial security. When your portfolio drops it […] The post What to Do When Your 401(k) Loses Money appeared first on SmartReads by SmartAsset.  ( 33 min )

Combined deliveries for NIO, XPeng, and Li Auto came in at almost 67,000 vehicles for September, the second-best month ever.  ( 22 min )

Understanding the ins and outs of 401(k) and IRA rollovers isn’t a walk in the park. The maze of tax implications surrounding these rollovers might seem intimidating to many. However, deciphering the process of reporting these rollovers on your taxes is critical to maintaining the tax-deferred status of your retirement savings and steering clear of […] The post How to Report 401(k) and IRA Rollovers on Your Taxes appeared first on SmartReads by SmartAsset.  ( 34 min )

Federal student loan borrowers will need to start making payments again this month after a three-year-plus pause due to the pandemic. It's likely that most borrowers have received their bill already but if you have not, visit your loan servicer account. If you have student loans and haven't made a payment in the last three years, don't panic.  ( 33 min )

After a market downturn over the past week, a closer look at the labor market awaits investors as the Federal Reserve's interest rate hikes remain in focus.  ( 35 min )

Top NASDAQ ETFS for Q4 2023 include QQQ, QTEC, and PNQI  ( 19 min )

Managers are worrying about the wrong thing when it comes to Gen Z's skill development.  ( 32 min )

(Bloomberg) -- Investors have shown few signs of panic during a stock market slump that’s pushed the S&P 500 Index into its first losing quarter in a year. But beneath the surface, signs of stress are emerging that go far beyond the just averted US government shutdown. Most Read from BloombergSenate Voting on Bill to Avert US Government ShutdownOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineEurope’s Richest Royal Family Buil  ( 34 min )

(Bloomberg) -- The third quarter was a story of dashed hopes in emerging markets, with the unraveling of some of the most profitable trades in the asset class.Most Read from BloombergSenate Voting on Bill to Avert US Government ShutdownOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineEurope’s Richest Royal Family Builds $300 Billion Finance EmpireWeight-Loss Drugs Estimated to Save Airlines MillionsA stronger dollar and surgin  ( 34 min )

“I would like to start by formally stating, under oath: I f***** up,” wrote Sam Bankman-Fried, days after the implosion of FTX, the $36bn cryptocurrency exchange he founded.  ( 33 min )

The prolific social-media user says he would consider a deal with Elon Musk’s company, now known as X, for his new vehicle.  ( 28 min )

(Bloomberg) -- Britain’s stock market is getting back on its feet.Most Read from BloombergSenate Voting on Bill to Avert US Government ShutdownOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineEurope’s Richest Royal Family Builds $300 Billion Finance EmpireWeight-Loss Drugs Estimated to Save Airlines MillionsLess than a year after losing the crown of Europe’s biggest equity market, London looks set to recapture it from Paris, a  ( 34 min )

The Dow Jones Industrial Average, Nasdaq Composite, and S&P 500 all tend to rise during the month.  ( 22 min )

(Bloomberg) -- At the biggest Middle Eastern energy conference this week, oil won’t be top of the agenda. Most Read from BloombergSenate Voting on Bill to Avert US Government ShutdownCongress Averts US Government Shutdown Hours Before DeadlineOnce Unthinkable Bond Yields Are Now the New Normal for MarketsEurope’s Richest Royal Family Builds $300 Billion Finance EmpireWeight-Loss Drugs Estimated to Save Airlines MillionsMinisters and business chiefs will gather in Abu Dhabi for the Adipec summit,  ( 33 min )

Bond prices, the Magnificent Seven and emerging markets are under pressure.  ( 28 min )

Government spending has now spawned a deficit larger than GDP during a boom period could prove to be a long-term threat.  ( 22 min )

The company and boss Carlos Tavares—both more European than American—are making progress with the union and avoiding more strikes for now.  ( 27 min )

Sharply increasing fuel costs may exacerbate the carrier exodus this winter. The post Fuel price jump boosts rates but threatens trucking capacity appeared first on FreightWaves.  ( 32 min )

A sunset provision is a clause in a piece of legislation that provides an automatic repeal of all or part of the law once a specific date is reached.  ( 25 min )

Exogenous growth, a key tenet of neoclassical economic theory, states that growth is fueled by technological progress independent of economic forces.  ( 18 min )

We track the reason behind the change in LIBOR's prefix from BBA to ICE.  ( 22 min )

Flooding the market with cheap products can mean job losses and even market collapse—but dumping isn't as threatening as it seems.  ( 25 min )

Since widening the use of markets, the Chinese government has not hesitated to insert itself into the markets when they do not align with its policies.  ( 25 min )

The top money market-like ETFs offer exposure to ultra short-term debt instruments for secure income in times of market turbulence.  ( 18 min )

The Mumbai Interbank Forward Offer Rate (MIFOR) is a rate that Indian banks use to set prices on forward-rate agreements and derivatives.  ( 24 min )

Alan Greenspan was the 13th chair of the Federal Reserve, appointed to an unprecedented five consecutive terms between mid-1987 and early 2006.  ( 25 min )

The original intent of Martin Luther King Jr.'s memorable speech on Aug. 23, 1963, is rooted in his economic beliefs about income inequality.  ( 25 min )

Discover the three different types of reverse mortgages available to qualifying homeowners ages 62 and older.  ( 26 min )

Dividend stocks provide investors with reliable passive income and make it possible to reinvest money back into the dividend-issuing company.  ( 20 min )

Sen. Booker proposed a baby bond program as a means to end intergenerational poverty. But how effective would such a seemingly radical plan be?  ( 25 min )

The list price, in the real estate world, is the suggested gross sale price of real estate property when it is put on the market.  ( 23 min )

The three funds on this list provide access to VIX futures contracts that aim to provide greater returns as market volatility increases.  ( 20 min )

Here are some of the top sources to get economic indicators and associated datasets for India, the breakout BRIC star.  ( 21 min )

The best-performing growth stocks returned up to 537% in the last year, dramatically better than the performance of the category's benchmark index.  ( 20 min )

Top bank exchange-traded funds (ETFs) for Q4 2023 include KBE, KBWB, and FTXO. Their weak performance highlights challenges to the sector from downturns in the economy, rising funding costs, and tightening regulations.  ( 18 min )

Industrialization’s complex impact on wages and standards of living is explained.  ( 30 min )

The top 25 stocks in the S&P 500 by weight include many of the largest tech firms in the world.  ( 22 min )

Hyperinflation is a rise in prices occurring not when countries print too much money but is instead associated with a collapse in the underlying economy.  ( 26 min )

Cabaletta Bio, Ambrx Biopharma, and American Coastal Insurance offer the best 1-year total returns for October.  ( 21 min )

The 200-day simple moving average (SMA) is considered a key indicator by traders and market analysts for determining the overall long-term market trend.  ( 23 min )

Comedian and actor Pete Davidson has a net worth of $8 million thanks to his time as a cast member on Saturday Night Live, his TV show 'Bupkis', and several million-dollar properties.  ( 18 min )

Gold prices have risen in the past year with investors turning to the metal as a hedge against inflation. Here are the top gold ETFs for Q4 2023 which include IAUM, SGOL, and AAAU.  ( 18 min )

Top NASDAQ ETFS for Q4 2023 include QQQ, QTEC, and PNQI  ( 18 min )

Exchange-traded funds (ETFs) for October with the best 1-month return include MSOS, LQDH, PFFV, BNO, and UUP.  ( 20 min )

Over half of Americans surveyed by Allianz say they're worried about a major recession, and are keeping more money in cash.  ( 17 min )

With hours to spare, the U.S. Congress passed a late bipartisan deal to avert a government shutdown.  ( 17 min )

Producenten en importeurs van plastic producten krijgen vanaf volgend jaar ook korting op het bedrag dat ze betalen voor het inzamelen en recyclen van niet volledig duurzaam plastic. Veel producenten lukt het nog niet om aan alle eisen te voldoen en daarom krijgen zij vanaf januari ook al wat korting als plastic verpakkingen iets duurzamer zijn.  ( 4 min )

De nieuwste iPhone 15 Pro kan in de eerste dagen na aanschaf heel warm worden door een fout in de software. Apple werkt aan een oplossing na klachten van gebruikers dat de smartphone te heet werd om aan te raken.  ( 5 min )

Vakbond FNV roept medewerkers in de houthandel op om de komende tijd soms voor bepaalde tijd hun werk neer te leggen. Daarmee wil de bond zijn eisen voor een nieuwe cao kracht bijzetten.  ( 3 min )

De bitcoin had van juli tot en met september het eerste kwartaalverlies van het jaar. De bekendste cryptomunt van de wereld, die nu wordt verhandeld rond de 27.000 dollar, zakte ongeveer 11 procent in waarde.  ( 5 min )

Europeanen hebben in 2022 ruim 3 procent meer illegaal gedownload en gestreamd dan in 2021. De afgelopen jaren nam digitale piraterij juist af, maar vorig jaar sloeg de trend om. Hoge abonnementsprijzen en versplintering van de streamingdiensten zijn daar mogelijk de oorzaak van.  ( 6 min )

Aan een van de grootste winstmachines van de Nederlandse economie komt na ruim zestig jaar een einde. De gaswinning in Groningen leverde miljarden op, maar ook veel boosheid en frustratie. Vandaag gaan de gasputten definitief dicht. Nou ja, bijna.  ( 5 min )

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Now that the worst month of the year is over, the market can do what it does best—go up.  ( 22 min )

Investment bank D.A. Davidson, which has adopted the bison as a brand, picked 17 “high quality” stocks—a few giant, most smaller. We look at seven. .  ( 22 min )

Sterling Infrastructure and other obvious beneficiaries of massive governmental spending have already seen their stocks surge in anticipation. Here are some others.  ( 22 min )

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A federal agency has sued the restaurant chain Chipotle, accusing it of religious harassment and retaliation after a manager at a Kansas location forcibly removed an employee's hijab, a headscarf worn by some Muslim women. In a lawsuit filed Wednesday, the Equal Employment Opportunity Commission alleged that in 2021, an assistant manager at a Chipotle in Lenexa, Kansas, repeatedly harassed the employee by asking her to show him her hair, despite her refusal.  ( 32 min )

(Bloomberg) -- The US consumer is starting to buckle as rising gas prices crimp spending and the delinquency rate on credit cards reaches the highest level in more than a decade. And that’s before student loan payments restart in October.Most Read from BloombergEurope’s Richest Royal Family Builds $300 Billion Finance EmpireHouse Passes Bill to Avert Government Shutdown, Sends to SenatePakistan Rupee Set to Become Top Performing Currency Globally Murder Claim in Canada Is Only Helping India Lead  ( 34 min )

The legal fights between Disney and Gov. Ron DeSantis ratcheted up this week. The Florida governor asked that the company's First Amendment lawsuit against him be tossed from federal court, and Disney demanded emails, texts and other communications from the governor's office in a separate state court lawsuit originally brought by DeSantis appointees of Walt Disney World's governing district. The legal filings marked an escalation in the battle between the entertainment giant and DeSantis, a candidate for the 2024 GOP presidential nomination.  ( 33 min )

Nearly 90% of startups fail. As one of the riskiest alternative investment avenues, retail investors typically steer clear of startups given the risk parameters, while ultra-wealthy people and venture capital firms often choose to invest exclusively in startups. Though nine out of 10 startups fail, making a bet on one can quickly make you a millionaire. With $35 billion in total assets under management, Silicon Valley-based Andreessen Horowitz is the world's biggest venture capital firm. While i  ( 33 min )

Commentary from Nike executives showed that despite mounting headwinds, demand isn't slowing down for the global athletic apparel leader.  ( 33 min )

The beginning of a U.S. initial public offering comeback was marked this month by grocery delivery platform Instacart making its public debut on the Nasdaq Stock Exchange on Sept. 19 and SoftBank-backed chipmaker Arm Holdings' public listing in the U.S. earlier this month. Backed by Sequoia Capital and D1 Partners, Instacart became the first venture capital-backed company to go public since December 2021. "I think we're going to see more companies kick off their (IPO) process in 2024, which is w  ( 34 min )

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In today’s globalized economy, investing in foreign stocks and companies has become increasingly common for investors seeking diversification and higher returns. While these international investments can offer lucrative opportunities, they also come with a complex web of tax implications, particularly when it comes to foreign dividends. Understanding how foreign dividends are taxed is crucial for […] The post How Foreign Dividends Are Taxed appeared first on SmartReads by SmartAsset.  ( 33 min )

(Reuters) -Walmart on Saturday said that it will streamline job titles across its corporate staff, to ensure that it remains competitive. "We're in the process of updating our approach to campus office jobs to ensure we remain competitive in today’s environment, better reflect the work being done today, while streamlining job titles across our campus office roles," a Walmart spokesperson said in a statement. Corporate employees at Walmart and Sam's Club, its warehouse chain, will be reclassified into fewer groups of possible titles and in some cases, pay changes will go into effect, starting in November.  ( 32 min )

Personal representatives are tasked with managing estates when people die, either according to the terms of their will or the state laws that govern certain successions. An executor is a type of personal representative who’s specifically designated in someone’s will to carry out their final wishes and distribute their assets. A financial advisor can be […] The post Personal Representative vs. Executor: Key Differences appeared first on SmartReads by SmartAsset.  ( 33 min )

Acquiring $1 million in a lump sum is no simple matter and figuring out the amount of taxes due on it is also complicated. The answer depends on several factors, including the source of the money, where you live and whether Social Security and other FICA taxes apply. Individual circumstances make all the difference. In […] The post How Much Are Taxes on $1 Million? appeared first on SmartReads by SmartAsset.  ( 34 min )

The funds have been hard hit during the bond selloff and now trade at 15%-plus discounts to asset value.  ( 22 min )

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(Bloomberg) -- It was the week that bond markets finally seemed to grasp what central bankers have been warning all year: higher interest rates are here to stay. Most Read from BloombergEurope’s Richest Royal Family Builds $300 Billion Finance EmpirePakistan Rupee Set to Become Top Performing Currency Globally Murder Claim in Canada Is Only Helping India Leader Modi at HomeWeight-Loss Drugs Estimated to Save Airlines MillionsTop Chinese Scientist Claims India Moon Landing Nowhere Near South Pole  ( 35 min )

Life insurance is built around beneficiaries who will receive the benefits of your life insurance payout when you pass away. However, from time to time, your named beneficiary cannot collect the payment. In that case, the policy passes on to your successor beneficiary. This is a substitute who can receive your insurance benefits instead, like […] The post Successor Beneficiary Rules appeared first on SmartReads by SmartAsset.  ( 34 min )

Life insurance is a financial tool that can offer cash value, peace of mind and a legacy for your loved ones. However, navigating the world of life insurance can be daunting, with its myriad policies, terms and options. Life insurance may not be worth it if you have no dependents, a tight budget or other […] The post Why Life Insurance Is Not a Scam and How It Can Help You appeared first on SmartReads by SmartAsset.  ( 38 min )

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In the final part of a five-part series, we examine how the White House has made student loan repayment easier ahead of the Oct. 1 deadline."  ( 25 min )

Cruise line operator Carnival Corporation posted record revenue and its first quarterly profit since 2020 as bookings surged, but shares fell on a weaker-than-expected profit outlook.  ( 19 min )

At 7.3% the week ending Sept. 28, the 30-year fixed-rate mortgage hit the highest level since 2000. Still, home prices are rising.  ( 33 min )

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(Bloomberg) -- Days before the trial of Sam Bankman-Fried is due to begin in New York, the digital-asset industry is closing ranks against the US government in the case of another influential crypto company: Binance.Most Read from BloombergSenate Voting on Bill to Avert US Government ShutdownOnce Unthinkable Bond Yields Now the New Normal For MarketsCongress Averts US Government Shutdown Hours Before DeadlineEurope’s Richest Royal Family Builds $300 Billion Finance EmpireWeight-Loss Drugs Estima  ( 33 min )

We’re winding up the third-quarter of 2023, and what could be more natural than to figure out the best stocks for the rest of the year? Stock picking of this sort is an essential skill for every investor, and fortunately, the Street’s analysts make it easier. They research and analyze various stocks, taking into account a wide range of factors such as company financials, market trends, and growth potential. Through their expertise, these analysts identify and highlight which stocks they believe  ( 35 min )

Millions of Americans must start repaying their federal student loans again in October, with monthly payments averaging hundreds of dollars a month. To get ready, borrowers are cutting expenses, taking on additional work, and looking for options to reduce their monthly payments. Megan McClelland, 38, said she has started asking for October shifts with a catering company and a winery to help supplement her income.  ( 33 min )

Jerome Powell was asked if he shares the Fed staff’s view that the economy is headed for a soft landing last month. “No, I would not do that,” he said.  ( 38 min )

(Bloomberg) -- Measures of underlying inflation cooled in the US and Europe in recent months, which could prompt the central banks to leave interest rates on hold.Most Read from BloombergSenate Voting on Bill to Avert US Government ShutdownEurope’s Richest Royal Family Builds $300 Billion Finance EmpireWeight-Loss Drugs Estimated to Save Airlines MillionsOnce Unthinkable Bond Yields Are Now the New Normal for MarketsPakistan Rupee Set to Become Top Performing Currency Globally The US core person  ( 34 min )

Analysts say higher interest rates will deter some borrowers from refinancing student loans but that there is still an opportunity for the fintech.  ( 22 min )

Spot Bitcoin and Ether ETFs available through trusted traditional financial institutions will break down barriers and streamline mainstream adoption  ( 34 min )

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The U.S. Commodity Futures Trading Commission on Friday ordered Goldman Sachs, Bank of America and JPMorgan to pay a total of over $50 million for swap reporting failures and other violations, the agency said in a statement. JPMorgan, Bank of America, and Goldman Sachs will pay civil monetary penalties of $15 million, $8 million, and $30 million respectively, the CFTC said.  ( 32 min )

Cancer detection firm has plans for huge facility, tons of hires in #Phoenix. $EXAS  ( 21 min )

As he gets new funding, John Chidsey plans an overseas expansion and pushes a sandwich revamp.  ( 22 min )

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Electric-vehicle inventories are running nearly twice that of traditional vehicles, suggesting that too many cars are being produced for current demand. A trouble spot for U.S. producers like Ford and General Motors: slow sales in their home states.  ( 22 min )

Steve Burns left the troubled electric-vehicle startup in 2021, after an investigation by the board found inaccuracies around disclosures of preorders for the company’s Endurance pickup truck.  ( 27 min )

(Bloomberg) -- China’s property sector has yet to see the worst of the crisis that has cast a pall over the nation’s economy and helped drive an exodus of global funds from the world’s second-largest stock market.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Europe’s Richest Royal Family Builds $300 Billion Finance EmpireTop Chinese Scientist Claims India Moon Landing Nowhere Near South PoleStock Optimism Fizzles as Quarterly Losses Pile Up: Markets WrapDi  ( 33 min )

Het Amerikaanse Huis van Afgevaardigden heeft zaterdag een shutdown van de overheid voorlopig voorkomen. Het onheil werd afgewend door een voorstel van de Republikein Kevin McCarthy voor noodfinanciering aan te nemen.  ( 3 min )

Ongeveer 55.000 geïnteresseerde woningzoekers hebben zaterdag meegedaan aan de Open Huizen Dag. Dat laat makelaarsorganisatie NVM weten.  ( 3 min )

Veel Amerikaanse overheidsdiensten dreigen vanaf dit weekend op slot te gaan. De Democraten en Republikeinen kunnen nog steeds geen akkoord bereiken over de overheidsbegroting. De shutdown gaat de economische groei van de Verenigde Staten "ondermijnen", vermoedt de Amerikaanse minister van Financiën Janet Yellen.  ( 4 min )

Het grootste nieuws bij aankondiging van de iPhone 15-serie was dat de telefoons opladen met een USB-C-kabel. Vernieuwingen op de smartphonemarkt zijn niet meer zo spannend meer als vroeger. Ook nu weer: de iPhone 15 (Pro) is een toptelefoon, maar als update is hij wat saai.  ( 5 min )

Een maandenlange staking van vrachtwagenchauffeurs op een parkeerterrein langs een Duitse snelweg is voorbij. Voornamelijk vrachtwagenchauffeurs uit Georgië en Oezbekistan startten de staking ruim twee maanden geleden, omdat hun Poolse werkgever ze niet betaalde. Dankzij Nederlandse bemiddeling is dat nu opgelost.  ( 3 min )

Na het onverwachte vertrek van topman Bernard Looney eerder deze maand, verlaat nu ook David Lawler het grote Britse olie- en gasconcern BP. Het hoofd van de Amerikaanse activiteiten van het bedrijf vertrekt binnen enkele weken.  ( 3 min )

Het grootste nieuws bij aankondiging van de iPhone 15-serie was dat de telefoons opladen met een USB-C-kabel. Vernieuwingen op de smartphonemarkt zijn niet meer zo spannend meer als vroeger. Ook nu weer: de iPhone 15 (Pro) is een toptelefoon, maar als update is hij wat saai.  ( 5 min )

De Turkse minister van Financiën Mehmet Simsek gaat naar Europa om te praten met internationale investeerders over meer buitenlandse investeringen in Turkije.  ( 3 min )

De grootste bedrijfslobbygroep van Italië is somber gesteld over de economie voor de rest van dit jaar. Volgens Confindustria is er zwakte in de industrie en dienstensector en zorgen de renteverhogingen door de Europese Centrale Bank (ECB) en stijgende energiekosten voor tegenwind.  ( 3 min )

Een Amerikaanse ambtenaar wordt vervolgd voor het lekken van de belastingaangiftes van onder meer oud-president Donald Trump. De 38-jarige Charles Edward Littlejohn riskeert vijf jaar cel, meldt The Washington Post.  ( 3 min )

De hoogste bestuurders van de Amerikaanse autobedrijven Ford Motor en General Motors (GM) zijn boos nu een grote staking is uitgebreid. Vrijdag werd bekend dat nog meer werknemers het werk neerleggen. De staking is de derde week ingegaan en er lijkt geen einde in zicht.  ( 4 min )

Veel Amerikaanse overheidsdiensten dreigen vanaf dit weekend op slot te gaan. De Democraten en Republikeinen kunnen nog steeds geen akkoord bereiken over de overheidsbegroting. De shutdown gaat de economische groei van de Verenigde Staten "ondermijnen", vermoedt de Amerikaanse minister van Financiën Janet Yellen.  ( 4 min )

Volgens staalfabrikant Tata Steel is zijn uitstoot van kankerverwekkende paks gehalveerd sinds 2019. Maar die bewering klopt niet, stelde Greenpeace deze week tijdens een zitting bij de Reclame Code Commissie. Hoe zit het met de uitstootcijfers van Tata Steel?  ( 5 min )

Volgens staalfabrikant Tata Steel is zijn uitstoot van kankerverwekkende paks gehalveerd sinds 2019. Maar die bewering klopt niet, stelde Greenpeace deze week tijdens een zitting bij de Reclame Code Commissie. Hoe zit het met de uitstootcijfers van Tata Steel?  ( 5 min )

De omvangrijke Chinese industrie is in september voor het eerst in zes maanden tijd weer gegroeid. Het zijn signalen dat de economie van China langzaam aan het opkrabbelen is na een periode van zwakte.  ( 3 min )

Review the differences between a career as a financial adviser and a career as a financial analyst, including how to decide which is best for you.  ( 24 min )

The College Construction Loan Insurance Association (CCLIA), also known as Connie Lee, was a government-sponsored enterprise that was privatized in 1997.  ( 21 min )

Learn the many reasons why economists can be given the same data and come up with entirely different conclusions.  ( 23 min )

New Keynesian economics is a modern twist on the macroeconomic doctrine that evolved from classical Keynesian economics principles.  ( 20 min )

In the final part of a five-part series, we examine how the White House has made student loan repayment easier ahead of the Oct. 1 deadline."  ( 23 min )

Cruise line operator Carnival Corporation posted record revenue and its first quarterly profit since 2020 as bookings surged, but shares fell on a weaker-than-expected profit outlook.  ( 18 min )

Many of the biggest BNPL providers have strict lending standards and safeguards against losses in place  ( 21 min )

A viatical settlement is when someone with a terminal disease sells their life insurance policy at a discount for ready cash.  ( 20 min )

What does group term life insurance or GTL mean on your paycheck?  ( 22 min )

How much you actually receive from the cash value of your life insurance policy is based on the surrender value, which can sometimes be much lower.  ( 28 min )

Encroachment happens when a property owner violates the rights of his neighbor by building on or extending a structure to the neighbor's land or property.  ( 19 min )

Young parents are the most obvious fit for life insurance products, although business owners and even adults with student loans may need coverage.  ( 25 min )

The S&P 500 finished 0.3% lower on Friday, Sept. 29, 2023, amid concerns about a potential U.S. government shutdown this weekend.  ( 1 min )

Demand for gold has held up this year amid record buying from central banks and strong appetite from Chinese buyers, which has offset lower demand in India.  ( 1 min )

The S&P 500 fell 3.65% in the third quarter driven by high interest rates which negatively impacted the real estate and utilities sectors while the energy sector saw major growth.  ( 1 min )

Oil stocks sank after the Biden administration offered just three offshore drilling leases over the next five years, the fewest in history.  ( 1 min )

Oil and gas companies featured heavily in the list of top-performing S&P 500 companies in the third quarter, as rising crude prices lifted the outlook for profits.  ( 1 min )

United Airlines pilots approved a new contract that would raise compensation by about 40%. The $10.2 billion contract is the largest deal in U.S. airline history.  ( 1 min )

(Bloomberg) -- Dental aligner company SmileDirectClub Inc. filed for bankruptcy four years after raising $1.35 billion in an initial public offering. Most Read from BloombergEurope’s Richest Royal Family Builds $300 Billion Finance EmpirePakistan Rupee Set to Become Top Performing Currency Globally Top Chinese Scientist Claims India Moon Landing Nowhere Near South PoleStock Optimism Fizzles as Quarterly Losses Pile Up: Markets WrapDianne Feinstein, Longest-Serving Female Senator, Dies at 90The C  ( 32 min )

Now that the worst month of the year is over, the market can do what it does best—go up.  ( 22 min )

Demand for gold has held up this year amid record buying from central banks and strong appetite from Chinese buyers, which has offset lower demand in India.  ( 20 min )

SmileDirectClub buckles under the weight of several obstacles.  ( 34 min )

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(Bloomberg) -- BP Plc.’s US president David Lawler is leaving the British oil giant, becoming the second top executive to quit this month after Chief Executive Officer Bernard Looney abruptly resigned. Most Read from BloombergSenate Poised to Act on Bill Averting US Government ShutdownEurope’s Richest Royal Family Builds $300 Billion Finance EmpirePakistan Rupee Set to Become Top Performing Currency Globally Weight-Loss Drugs Estimated to Save Airlines MillionsMurder Claim in Canada Is Only Help  ( 33 min )

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For the true believers who made Bed Bath & Beyond a meme stock, a reckoning is now at hand.  ( 21 min )

Elon Musk's X Corp, facing its own legal claims over unpaid rent, has sued a financial services company to recoup more than $713,500 in allegedly past due rent and other fees stemming from a sublease agreement for San Francisco office space. X, formerly known as Twitter, sued Atlas Exploration in San Francisco Superior Court on Thursday in a complaint alleging breach of contract. Atlas and X entered a sublease agreement for space at 650 California Street in San Francisco's financial district in April 2021, the lawsuit said.  ( 31 min )

Oil and gas companies featured heavily in the list of top-performing S&P 500 companies in the third quarter, as rising crude prices lifted the outlook for profits.  ( 19 min )

The Securities and Exchange Commission sued one of FTX’s accounting firms Friday, alleging it violated auditor-independence rules hundreds of times in its work with dozens of different clients. Prager Metis, which has advertised itself as the first accounting firm to open an office in the metaverse  ( 23 min )

Today's best CD rates are 6.00% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 21 min )

Rebates from UPS are designed to offset early-termination penalties from other carriers if shippers return to UPS. The post UPS offers rebates to win back diverted volumes appeared first on FreightWaves.  ( 33 min )

Amgen was the best-performing stock in the Dow Jones Industrial Average in the third quarter, while Zions Bancorp, up 30%, was the top stock in the S&P 500.  ( 22 min )

Investment bank D.A. Davidson, which has adopted the bison as a brand, picked 17 “high quality” stocks—a few giant, most smaller. We look at seven. .  ( 30 min )

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United Airlines pilots approved a new contract that would raise compensation by about 40%. The $10.2 billion contract is the largest deal in U.S. airline history.  ( 18 min )

Bill Ackman said he capitalized on worries about Google's AI chops to buy in cheap, took a long-term view, and prized the tech titan's predictability.  ( 32 min )

LONDON (Reuters) -BP's top executive in the United States, Dave Lawler, is leaving the company, the energy company said on Friday in a memo to employees just weeks after BP's chief executive Bernard Looney resigned from the company. Lawler's departure piles pressure on BP's Chairman Helge Lund and board as they seek to project stability in the wake of Looney's abrupt resignation earlier this month after less than four years in the top job for failing to fully disclose details of past personal relationships with colleagues. Lawler, chairman and president of BP America, is leaving "to pursue new career opportunities," the memo seen by Reuters said.  ( 32 min )

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September was an ugly month for real estate investment trust (REIT) investors. Statements from the September Federal Open Markets Committee (FOMC) meeting confirming another rate hike in 2023, high interest rates for longer and fewer cuts in 2024 triggered a brutal across-the-board REIT sell-off. Although the last two days of September were positive, many of the stalwart REIT leaders, such as Realty Income Corp. (NYSE:O), Mid-America Apartment Communities Inc. (NYSE:MAA), SBA Communications Corp  ( 34 min )

The energy landscape is constantly evolving, and today we are witnessing a significant shift. The latest edition of Goldman Sachs’ Carbonomics report outlines the likely mid- to long-term course of America’s shale revolution. This report examines the technological advancements in exploration and extraction that transformed the US into a net oil exporter by 2018. Written under the leadership of the 5-star analyst Michele Della Vigna, the report elucidates the maturation and concluding phases of t  ( 37 min )

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Supply chain issues created during the global coronavirus pandemic cost automakers billions of dollars in 2021 and prompted some companies to build domestic manufacturing facilities to solve the problem. "Never seen anything like it," Tesla CEO Elon Musk posted on the platform now known as X. "Fear of running out [of computer chips] is causing every company to overorder — like the toilet paper shortage but at epic scale." Tesla depends on Taiwan Semiconductor to produce its processors, but it's  ( 33 min )

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(Bloomberg) -- US crude production reached the second-highest level on record in July as output from Texas’s Permian Basin soared to an all-time high. Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Europe’s Richest Royal Family Builds $300 Billion Finance EmpireTop Chinese Scientist Claims India Moon Landing Nowhere Near South PoleDianne Feinstein, Longest-Serving Female Senator, Dies at 90Stock Optimism Fizzles as Quarterly Losses Pile Up: Markets WrapThe  ( 32 min )

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Microsoft held preliminary talks about selling Bing to the iPhone maker, which would have made Bing the default search on its devices instead of Google, Bloomberg reports.  ( 34 min )

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Tech's struggles over the past two months have created a pre-AI boom buying opportunity, the Swiss bank said Friday.  ( 31 min )

The Biden administration proposal to dramatically hike fuel economy standards through 2032 is not feasible and could cost automakers a total of more than $14 billion in fines, an automotive group said Friday. The Alliance for Automotive Innovation, which represents General Motors, Toyota Motor, Volkswagen, Hyundai and others, said the National Highway Traffic Safety Administration proposal "exceeds maximum feasibility" and noted the agency projects "manufacturers will pay over $14 billion in non-compliance penalties between 2027 and 2032."  ( 30 min )

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Inflation has begun to cool, and that may translate to some assets. The Treasury's Series I Bonds, or " I bonds," are no longer the prized savings tool they were 12 months ago. As cost increases slowed over the past year as Federal Reserve raised interest rates, it was inevitable that this inflation-tied asset would […] The post The Series I Bond Frenzy is Dying Down. Is Now the Time to Cash Out? appeared first on SmartReads by SmartAsset.  ( 33 min )

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The Nasdaq led gains on Friday, but the major stock indexes were on track for sharp monthly and quarterly losses on the final trading day of September.  ( 40 min )

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With smart money management, retiring at 55 years old with $6 million could be a breeze. But a lot of work has to go into the strategies you make and the actions that you take. That also includes how you … Continue reading → The post Is $6 million Enough to Retire at 55? appeared first on SmartAsset Blog.  ( 34 min )

Is it possible to earn a paycheck while sitting on the couch watching television? Absolutely, but it takes a bit of work beforehand to set things in motion. By developing online assets, investments and interest payments, you can put your … Continue reading → The post How to Make $1,000 a Month in Passive Income appeared first on SmartAsset Blog.  ( 37 min )

Thirty-year mortgage rates have surged again, jumping almost another two-tenths of a point to take the flagship average into historic 8% territory.  ( 20 min )

New Street Research analyst Pierre Ferragu reiterated a Buy rating on TSMC’s Taiwan-traded shares. He sees about 34% upside for TSMC’s U.S.-listed American depositary receipts.  ( 22 min )

Investing in real estate often seems straightforward: Purchase a house, lease it and receive monthly rent from the tenant. But reality doesn't always follow the script, as Jason Roth of Seattle can attest. Roth rented out his home in Rainier Valley but the tenant stopped paying rent. Roth is now owed $29,000 in unpaid rent plus utilities. Roth is living in a van with his dog Wally, KIRO 7 News reported. "It's frustrating, extremely frustrating. It's something I can't fully wrap my head around,"  ( 33 min )

A co-founder of a multibillion-dollar crypto hedge fund that imploded last year was arrested Friday in Singapore. Su Zhu was stopped while trying to leave the Southeast Asian country's airport late Friday afternoon, according to people familiar with the matter. He will be held by police in the east  ( 24 min )

Energy-company stocks appear to be lagging crude oil prices recently. Looks can be deceiving. The price of U.S. crude oil has climbed about 9.5% in September, while the S&P 500 Energy subindex, which usually closely follows crude, has only notched a 3.4% gain. That's partly because "the price of U  ( 23 min )

With the Splunk deal announced Sept. 21, Cisco “is putting its money where its mouth is with software investments,” said one analyst.  ( 26 min )

President Joe Biden recently made history by being the first sitting president to join striking autoworkers on the picket line. Speaking through a bullhorn outside a General Motors Co. plant in Michigan, Biden voiced his support for the United Auto Workers union strike. "Wall Street didn't build the country. The middle class built the country, and unions built the middle class. And that's a fact. So, let's keep going," he said. "You deserve what you've earned, and you've earned a hell of a lot m  ( 32 min )

The market landscape for 4Q23 is starting to emerge through the fog, and some of the experts at banking giant J.P. Morgan are pleased with what they’re seeing. Despite an end-of-September sell-off sparked by the Fed’s indications of ‘higher rates for longer,’ JPMorgan Global Wealth Management global investment strategist, AJ Oden, believes the S&P 500 will hit a record high next year. According to Oden, the S&P may gain as much as 11% by the middle of next year, to reach above 4,800. This would  ( 36 min )

Higher prices today than those expected in the future means that energy stocks aren’t getting full credit for the rise in current prices. It’s good news for producers like Occidental Petroleum.  ( 22 min )

↗️ Nike (NKE): Shares jumped about 8% in early trading after the sportswear company reported better-than-expected profits on Thursday. Nike also said its inventories fell 10% from the previous year—a sign that the company is working through its inven  ( 24 min )

Brinker upgraded, Berkshire Hathaway downgraded: Wall Street's top analyst calls  ( 34 min )

US stocks rose at the open on Friday, as Wall Street assessed a fresh read on the Federal Reserve's preferred inflation gauge.  ( 38 min )

US stocks rose at the open on Friday, as Wall Street assessed a fresh read on the Federal Reserve's preferred inflation gauge.  ( 35 min )

Wonder Group is buying meal kit company Blue Apron for about $103 million as the company looks to enhance its offerings. Wonder Group, which was founded by e-commerce mogul Marc Lore, began with vans that would deliver meals to residences, making the final preparations curbside. Blue Apron has built itself into a known name in the meal kit sector, but it's faced increased competition over the years from other meal kit businesses, like Hello Fresh, as well as restaurant and grocery delivery services and at home chefs.  ( 32 min )

MIAMI (AP) — Carnival Corp. (CCL) on Friday reported fiscal third-quarter net income of $1.07 billion, after reporting a loss in the same period a year earlier. On a per-share basis, the Miami-based company said it had net income of 79 cents. For the current quarter ending in November, Carnival expects its results to range from a loss of 18 cents per share to a loss of 10 cents per share.  ( 32 min )

U.S. consumer spending increased in August, but underlying inflation moderated, with the year-on-year rise in prices excluding food and energy slowing to below 4.0%. With gasoline price surging, inflation as measured by the personal consumption expenditures (PCE) price index rose 0.4% in August after climbing 0.2% in July. In the 12 months through August, the PCE price index advanced 3.5% after rising 3.4% in July.  ( 33 min )

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US stocks pointed to a firmly higher open on Friday, as Wall Street waited for a fresh read on the Federal Reserve's preferred inflation gauge.  ( 34 min )

Executives and directors of First Citizens Bancshares, Summit Financial, Commerce Bancshares, Berkshire Hills, and Bank of South Carolina recently bought shares on the open market.  ( 22 min )

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Nothing lasts forever on Wall Street. Today's champion stocks are tomorrow's bums and vice versa. For investors, the conundrum is determining when the downtrodden stocks will turn around. Buying after a long price decline is risky because investors must distinguish between the proverbial "falling knife" that may continue to drop versus an opportunity to buy a quality stock that will appreciate nicely over time. Sometimes it pays to watch for trends and gauge what should be the future direction o  ( 35 min )

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Chipmaker Intel said on Friday it had begun high-volume production using extreme ultraviolet (EUV) lithography machines at its $18.5 billion plant in Ireland, calling it a "landmark" moment as it seeks to regain ground on its rivals. The EUV tools, which are theoretically precise enough to hit a person's thumb with a laser pointer from the moon, will play a key role in meeting Intel's goal of delivering five generations of technology in four years, the U.S. company said. The effort in Ireland is Intel's first attempt at high-volume manufacturing using EUV technology.  ( 32 min )

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(Bloomberg) -- When Jason Hsu saw Nvidia Corp. rally above $250 a share earlier this year, he gave his mom what he thought was a sage piece of advice: Sell your shares.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally UAW Aims For At Least 30% Wage Bump to Woo New MembersBiden Impeachment Hearing Heavy on Politics, Light on SubstanceTop Chinese Scientist Claims India Moon Landing Nowhere Near South Pole‘Fortnite’ Maker Epic Games Is Cutting About 16% of StaffT  ( 33 min )

A raid by French authorities of the offices of a technology firm named as Nvidia in media reports is the latest among a string of such actions by European regulators as they look to check the dominance of Big Tech companies from thwarting competition. The French competition authority conducted the dawn raid on Wednesday on a company in the "graphics cards sector", it said. French newspaper Challenges and the Wall Street Journal identified the company as Nvidia.  ( 33 min )

US stocks pointed to a firmly higher open on Friday, as Wall Street waited for a fresh read on the Federal Reserve's preferred inflation gauge.  ( 33 min )

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The sale to food-delivery startup Wonder would end a disastrous six-year experiment with public ownership.  ( 27 min )

China's cyberspace regulator's proposal is seen as a move to boost business activity and is particularly good news for the country’s multinational companies.  ( 22 min )

Apple, Microsoft, Tesla, Alphabet, and Amazon.com advanced between 0.7% and 1.4% in premarket trading as two-year and 10-year Treasury yields declined. "A move lower in bond yields has given equity markets a much-needed reprieve," said Tim Waterer, chief market analyst at KCM Trade. With fears of high oil prices fueling inflation, investors are awaiting the U.S. central bank's preferred inflation metric- the personal consumption expenditures (PCE) price index, seen increasing 0.5% in August against a 0.2% gain in July.  ( 32 min )

While pay increases following the strike will take the shine off automakers’ margins, their electric vehicles are still making huge losses.  ( 27 min )

Nike's fiscal first-quarter earnings top analysts' estimates, Tesla is sued for racial harassment at its factory in California, and the UAW strike against the Big Three auto makers could expand Friday.  ( 22 min )

The headwinds are beginning to outnumber the tailwinds in the markets.  ( 34 min )

(Bloomberg) -- Aston Martin Lagonda Global Holdings Plc shares jumped after Executive Chairman Lawrence Stroll’s Yew Tree Consortium agreed to boost its stake in the carmaker to 26.2%. Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally UAW Aims For At Least 30% Wage Bump to Woo New MembersTop Chinese Scientist Claims India Moon Landing Nowhere Near South PoleBiden Impeachment Hearing Heavy on Politics, Light on Substance‘Fortnite’ Maker Epic Games Is Cutting Ab  ( 32 min )

(Bloomberg) -- China Evergrande Group wiped out international investors, roiled financial markets and left thousands of suppliers in the lurch. Yet it was the developer’s failure to pay households who invested in its wealth management products that may have provided the last straw for Chinese authorities.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo Ne  ( 35 min )

Among the 52 companies that MSCI categorizes as semiconductor makers, only Intel has avoided a share-price decline as the month draws to a close.  ( 36 min )

The defense contractor’s shares are cheap and the company is growing faster than its peers.  ( 22 min )

(Bloomberg) -- Oil buyers across the planet are facing some of the highest premiums for supplies they’ve seen in months — or longer — as dwindling stockpiles at the largest US storage hub reverberate through markets from Asia to the Middle East to Europe. Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New MembersTop Chinese Scientist Claims India Moon L  ( 33 min )

(Bloomberg) -- BlackBerry Ltd. Chief Executive Officer John Chen expects a “better than 50-50 chance” of wrapping a strategic company review before his contract expires in November, setting up a takeover or overhaul of the former tech darling.Most Read from BloombergPakistan Rupee Set to Become Top Performing Currency Globally Biden Impeachment Hearing Heavy on Politics, Light on SubstanceUAW Aims For At Least 30% Wage Bump to Woo New Members‘Fortnite’ Maker Epic Games Is Cutting About 16% of St  ( 32 min )

Yields on 30-year Treasuries are on track for their largest quarterly jump since 2009, stoking anxiety that the bond rout of the past few months could reverberate across financial markets.  ( 33 min )

Oil prices fell in early trade on Friday after a recent rally, as profit-taking and expectations of supply increases by Russia and Saudi Arabia outweighed forecasts of positive demand from China during its Golden Week holiday. Oil prices had eased about 1% on Thursday, as traders took profits after prices soared to 10-month highs, and some worried that high interest rates may weigh on oil demand. "Oil prices recent rally paused overnight," National Australia Bank said in a note.  ( 33 min )

"The odds are higher than the market is currently discounting that the Saudis will take their foot off the brake sooner."  ( 33 min )

Demand for gold has held up this year amid record buying from central banks and strong appetite from Chinese buyers, which has offset lower demand in India.  ( 19 min )

Oil and gas companies featured heavily in the list of top-performing S&P 500 companies in the third quarter, as rising crude prices lifted the outlook for profits.  ( 18 min )

The S&P 500 fell 3.65% in the third quarter driven by high interest rates which negatively impacted the real estate and utilities sectors while the energy sector saw major growth.  ( 19 min )

Today's best CD rates are 6.00% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

A benefit period is the length of time during which an insurance policyholder or their dependents may file and receive payment for a covered event.  ( 20 min )

The S&P 500 finished 0.3% lower on Friday, Sept. 29, 2023, amid concerns about a potential U.S. government shutdown this weekend.  ( 16 min )

United Airlines pilots approved a new contract that would raise compensation by about 40%. The $10.2 billion contract is the largest deal in U.S. airline history.  ( 17 min )

In part four of a five-part series, we look at how the student loan debt burden has snowballed since the 1980s.  ( 19 min )

Oil stocks sank after the Biden administration offered just three offshore drilling leases over the next five years, the fewest in history.  ( 17 min )

Health insurance gaps have left millions of consumers struggling with medical debt. Find other options to soften the blow.  ( 21 min )

Discover the viability of using a personal loan to finance your car purchase. Learn about the advantages and potential drawbacks.  ( 23 min )

It's possible to get a personal loan for $500, but some lenders have minimum loan limits that are higher than that. Learn more about personal loan limits.  ( 23 min )

Personal hardship loans are personal loans that are available to borrowers who are facing financial difficulties. Learn about various programs that offer financial help.  ( 25 min )

A bank card is a physical card issued by a bank used to pay for purchases and make transactions.  ( 23 min )

Pet insurance has more exclusions, depending on the policy type. When buying insurance for your pet, it’s as important to know what is not covered as what is.  ( 23 min )

Many federal student loan borrowers have abandoned hope that President Joe Biden will follow through on his 2020 campaign promise of widespread loan forgiveness, but the administration is still forging ahead.  ( 19 min )

California is raising its minimum wage for fast-food workers to $20 per hour, the highest minimum wage of any state in the country.  ( 17 min )

If you are a military retiree or veteran, you should know about medical care benefits you may be missing.  ( 29 min )

The Securities and Exchange Commission has charged ten financial firms over long-standing record-keeping violations.  ( 16 min )

FTX founder and former CEO Sam Bankman-Fried's trial starts next week, as the former darling of the crypto industry faces charges of fraud and conspiracy.  ( 19 min )

A named perils insurance policy is a home insurance policy covering only losses incurred to a property from hazards or events named on the policy.  ( 18 min )

A jumbo certificate of deposit (CD) is a type of savings account with higher balance requirements than a traditional CD that, in return, pays a higher interest rate.  ( 25 min )

Creditable coverage is a health insurance, prescription drug, or another health benefit plan that meets a minimum set of qualifications.  ( 21 min )

The Commerce Secretary overseas a vast business and commerce engine that drives the US economy.  ( 22 min )

Corporate ownership of life insurance, corporate-owned life insurance, and dead peasant insurance refer to insurance obtained by a company on employees.  ( 19 min )

According to a tax rule introduced in the American Rescue Plan Act in 2021, if you made $600 or more from reselling concert tickets, you have to report it to the IRS by filing a 1099-K form when you report your taxable income.  ( 17 min )

A block policy is an insurance policy offering coverage against risks faced by goods that are transported or stored by third parties. Commonly found in commercial insurance, a block policy is designed to protect businesses from property damage.  ( 17 min )

An alien insurer is one offering coverage in a country other than its home country.  ( 19 min )

U.S. equities were mixed at midday on Friday, Sept. 29, 2023, after the inflation report favored by the Federal Reserve showed prices advanced at a slower pace than economists expected in August.  ( 17 min )

Adverse possession is a principle of real estate law that allows a person who possesses someone else's land for an extended period of time to claim legal title to that land.  ( 23 min )

Thirty-year mortgage rates have surged again, jumping almost another two-tenths of a point to take the flagship average into historic 8% territory.  ( 19 min )

Totaling a vehicle can be a financial headache, not to mention an inconvenience. Learn what you can do to get back on the road after totaling a car.  ( 21 min )

Catastrophe excess reinsurance is a policy that protects a catastrophe insurance company from insolvency following a disaster.  ( 18 min )

Capital at risk is the amount of capital that is set aside to cover risks.  ( 19 min )

Both CFDs and spread betting are types of leveraged investments, which offer significant market exposure with a small initial deposit. Learn more about how they work.  ( 23 min )

Contractors' all risks (CAR) insurance covers contractors for both damage to a property and third-party injury or damage claims throughout the construction period.  ( 21 min )

Shares of Blue Apron more than doubled after Wonder Group agreed to purchase the meal kit provider for $103 million.  ( 17 min )

The United Auto Workers expanded its strike against General Motors and Ford, but not Stellantis, as some progress has been made in negotiations, the union said on Friday.  ( 18 min )

Rising gas prices pushed up inflation in August and crowded out other spending in household budgets, according to an economic report that’s closely watched by officials at the Federal Reserve.  ( 20 min )

The guideline premium and corridor test (GPT) is used to determine whether an insurance product can be taxed as insurance rather than as an investment.  ( 20 min )

Nike shares soared after the athletic apparel retailer posted better-than-expected profit and slashed its inventory.  ( 17 min )

CDs can be helpful for consumers looking to put their money to work. We reviewed CD rates from EverBank (formerly TIAA Bank) so you can see if it makes sense for your finances.  ( 20 min )

Policyholder surplus is the assets of a mutual insurance company minus its liabilities, and it is one indicator of an insurance company’s financial health.  ( 18 min )

Political risk insurance provides financial protection to investors, financial institutions, and businesses that could lose money due to political events.  ( 19 min )

Life insurance guarantees a financial benefit to those outlined in the policy, and here are the eight largest life insurers in the United States.  ( 23 min )

A business automobile policy (BAP) covers the vehicles a company uses in the course of carrying out its business.  ( 19 min )

Insurance proceeds are benefit proceeds paid out by any type of insurance policy as a result of a claim.  ( 20 min )

An underwriter syndicate is a temporary group of investment banks and broker-dealers who come together to sell offerings of equity or debt securities.  ( 19 min )

Adjusted net worth is the value of an insurance company based on capital values, surplus values, and an estimated value of a business on the books.  ( 18 min )

The eurozone's annual rate of inflation fell to a two-year low of 4.3% in September after the ECB hiked rates to a record level to slow rising prices.  ( 17 min )

Indexed univeral life insurance is a lot like universal life insurance, however it does have a couple of wrinkles not found in traditional universal insurance policies. Universal life insurance comes in many different forms, from your basic fixed-rate policy to variable models that allow the policy holder to select various equity accounts in which they can invest.  ( 19 min )

Medical underwriting is the process of assessing the risk of providing health insurance coverage to an individual and setting the price accordingly.  ( 19 min )

Personal loans with low monthly payments can help you consolidate high-interest debt or pay for large purchases.  ( 23 min )

Direct premiums written are the total premiums received before taking into account reinsurance ceded.  ( 20 min )

Whether your car insurance covers theft depends on the type of coverage you purchased. Here's how to tell if you're covered—and how much you might get if your car is stolen.  ( 22 min )

Nike shares jumped after it reported better-than-expected earnings on lower inventories and the Federal Reserve’s preferred inflation measure is expected to have fallen in August. Here’s what investors need to know today.  ( 18 min )

Is your family looking to go someplace exotic for the holidays this year? Here, we'll tell you about five inexpensive places to visit.  ( 19 min )

Salvage titles are issued when a vehicle is considered a total loss. Learn how a salvage title works and how to apply for one if you need to.  ( 20 min )

The Federal Reserve System is the central bank of the United States and provides the nation with a safe, flexible, and stable financial system.  ( 31 min )

Before you bring a furry friend into your household, make sure you can handle the hefty financial commitment.  ( 22 min )

The United Auto Workers expanded its strike against General Motors and Ford, but not Stellantis, as some progress has been made in negotiations, the union said on Friday.  ( 1 min )

Stocks recovered from early losses Thursday to end the day higher as the recent surge in oil, the dollar, and Treasury yields abated.  ( 1 min )

Stock futures headed higher in premarket trading Friday, the last day of trading in the month and quarter, as the U.S. government barreled toward a shutdown and investors prepared to parse the Fed's preferred inflation data for August.  ( 1 min )

Nike shares jumped after it reported better-than-expected earnings on lower inventories and the Federal Reserve’s preferred inflation measure is expected to have fallen in August. Here’s what investors need to know today.  ( 1 min )

U.S. equities were mixed at midday on Friday, Sept. 29, 2023, after the inflation report favored by the Federal Reserve showed prices advanced at a slower pace than economists expected in August.  ( 1 min )

U.S. equities gained at midday on Thursday, Sept. 28, 2023, after a report showing consumer spending slowed, and oil prices fell.  ( 1 min )

U.S. equites rose, with the S&P 500 advancing 0.6% on Thursday, Sept. 28, 2023, as a report showed consumer spending slowed in the second quarter, and oil prices tumbled.  ( 1 min )

Shares of Blue Apron more than doubled after Wonder Group agreed to purchase the meal kit provider for $103 million.  ( 1 min )

Nike shares soared after the athletic apparel retailer posted better-than-expected profit and slashed its inventory.  ( 1 min )

CarMax shared dropped after reporting a profit below forecasts as demand for used vehicles slowed and it spent more to cover potential losses from bad loans.  ( 1 min )

Accenture shares dropped to their lowest level since June after its revenue and full-year outlook missed estimates as new bookings declined.  ( 1 min )

Shares of Workday sank after the human resources technology provider slashed its revenue outlook because of economic uncertainties.  ( 1 min )

De NS mag in de toekomst alleen een hoger tarief in de spits vragen als andere opties om te spits te verlichten niet werken. Dat staat in het nieuwe contract dat de spoorvervoerder voor de komende jaren sluit. Een spitsheffing van 2,50 euro is daardoor op korte termijn van de baan.  ( 4 min )

Het demissionaire kabinet houdt vol dat de extra wensen van de Tweede Kamer om de koopkracht volgend jaar te verbeteren niet helemaal in orde zijn. Ze overtreden begrotingsregels, de effecten zijn niet duidelijk en de financiering deugt niet.  ( 8 min )

De Franse autoriteiten zijn een onderzoek begonnen naar mogelijke witwaspraktijken rond Bernard Arnault, de rijkste man van Europa. Hij zou samen met een Russische oligarch betrokken zijn bij een complexe deal rondom woningen in het luxueuze Franse skioord Courchevel.  ( 3 min )

De vergunning voor de fusie van PostNL en Sandd is in 2019 terecht geweigerd, stelt de rechtbank Rotterdam vrijdag. De zaak is opmerkelijk, aangezien ze inmiddels al jaren één bedrijf zijn. PostNL stelde eerder dat de fusie niet meer ongedaan kan worden gemaakt.  ( 4 min )

De update voor de iPhone 12 die Apple in Frankrijk heeft uitgebracht, stelt de Franse overheid gerust. Na de update is er geen sprake meer van een te hoog stralingsniveau en voldoet de telefoon aan Europese normen.  ( 4 min )

De inflatie, de mate waarin de prijzen stijgen, is historisch laag deze maand. Houden we dan eindelijk meer geld over in onze portemonnee? "Het inflatiecijfer geeft een vertekend beeld", zegt Rabobank-econoom Hugo Erken.  ( 5 min )

Het windmolenpark Hollandse Kust Zuid is vrijdag officieel geopend, ook al is het nog niet helemaal af. Het windpark moet een hoeveelheid energie opwekken die gelijkstaat aan het stroomverbruik van anderhalf miljoen huishoudens. Als het hard waait nog iets meer.  ( 4 min )

Met 3.800 kilometer aan stroomkabels tussen Marokko en het Verenigd Koninkrijk kunnen zeven miljoen Britse huishoudens worden voorzien van zonnestroom en windenergie uit Noord-Afrika. De Britse regering roemt het project van het bedrijf Xlinks.  ( 4 min )

De inflatie van eurolanden is in september flink afgenomen. Consumentenprijzen stegen met 4,3 procent ten opzichte van september vorig jaar. Dat is het laagste niveau sinds oktober 2021. Net als in Nederland komt de afname vooral doordat energie goedkoper werd.  ( 5 min )

Kinderen moeten altijd toegang houden tot basisvoorzieningen zoals water, gas en een dak boven hun hoofd, stellen experts uit Commissie sociaal minimum. Als ouders niet op tijd de rekening betalen, kunnen kinderen daar ernstig de dupe van worden.  ( 5 min )

Thuisbezorgd gaat een verdere samenwerking aan met flitsbezorgers. Via de app van de maaltijdbezorger kon je al boodschappen van Getir bestellen. Nu kun je ook producten van Gorillas toevoegen aan je digitale boodschappenmand.  ( 4 min )

Duitsland haalt steeds meer energie uit hernieuwbare bronnen. In de eerste helft van 2023 kwam 52 procent van alle verbruikte stroom uit zon en wind. In Nederland lopen we nog iets achter op onze oosterburen.  ( 3 min )

Een half miljoen mensen die geen belastingaangifte deden over 2022 en waarschijnlijk recht hebben op teruggave, krijgen een dezer dagen een brief. Volgens de Belastingdienst kunnen ze gemiddeld 444 euro terug verwachten.  ( 6 min )

De omzet van winkeliers is in augustus met 5,9 procent gestegen ten opzichte van dezelfde maand vorig jaar. Maar dat kwam vooral door prijsstijgingen. Want consumenten kochten juist 2,1 procent minder spullen in de winkel.  ( 3 min )

De inflatie is in de maand september hard afgenomen naar 0,2 procent, het laagste niveau sinds 2016. Dat kwam vooral door lagere energieprijzen. Boodschappen zijn nog steeds 10 procent duurder dan in september vorig jaar.  ( 3 min )

Nike heeft in het eerste kwartaal van zijn gebroken boekjaar meer omzet gedraaid dan in dezelfde periode vorig jaar. Vooral consumenten in Europa, het Midden-Oosten en Afrika, maar ook in de regio Azië-Pacific en Latijns-Amerika meer uit aan schoenen en kleding van het merk.  ( 4 min )

Een half miljoen mensen die geen belastingaangifte deden over 2022 en waarschijnlijk recht hebben op teruggave, krijgen een dezer dagen een brief. Volgens de Belastingdienst kunnen ze gemiddeld 444 euro terug verwachten.  ( 6 min )

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Some of the biggest hedge fund managers have talked to Insider about what it takes to join their ranks. Here's what we know.  ( 33 min )

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Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 21 min )

Analyst James Shanahan cited the stock's strong performance versus other financial companies.  ( 22 min )

Nike is reported earnings on Thursday as investors remain focused on any signs of a consumer slowdown in North America and slower growth in China.  ( 33 min )

The fund's new strategy to combine ether and bitcoin will be effective formally on Oct. 3.  ( 32 min )

French antitrust authorities conducted a surprise raid on a graphics card company this week — and reports say that company was NVIDIA.  ( 32 min )

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General Electric failed to persuade a Manhattan federal judge to dismiss a long-running shareholder lawsuit accusing it of concealing risks at its power business, and the judge on Thursday urged both sides to settle. U.S. District Judge Jesse Furman said shareholders could pursue much of their remaining six-year-old class action regarding Boston-based GE's reliance on factoring in connection with long-term service agreements at GE Power. Shareholders led by two pension funds said the power unit grew increasingly reliant on factoring, or the sale of future revenue for cash, to boost reported revenue while sacrificing future cash flows.  ( 32 min )

The Equal Employment Opportunity Commission is suing electric vehicle maker Tesla for a pervasive pattern of racial abuse at a California plant.  ( 32 min )

New investors often make the mistake of chasing high-yielding stocks without giving enough thought to the quality of those companies and the sustainability of the dividends. With real estate investment trusts (REITs), one way to assess whether a company can continue paying out the current dividend in the future is to look at the dividend amount in relation to the forward funds from operations (FFO) with a simple formula called the "payout ratio." The payout ratio is derived by dividing the annua  ( 35 min )

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Artificial intelligence (AI) has become the hottest trend in the tech sphere. Just take a look at Nvidia Corp. (NASDAQ:NVDA), which has been one of the biggest beneficiaries of investors' increasing enthusiasm for AI. Shares of the chip-making giant have surged 191% year to date, allowing the company to cross $1 trillion in market cap. But according to ARK Invest CEO Cathie Wood, there could be better ways to gain access to the booming sector. "We're really focused on those companies that most p  ( 33 min )

The retailer is selling one-ounce gold bars on its website. The bars are so coveted, they often sell out hours after they are listed on the website.  ( 22 min )

"How fast it transpires, I think, is going to be a function of that supply-demand issue, so I'm watching that very closely," said Dalio, founder of hedge fund Bridgewater Associates, in the interview. The country's debt has been under the spotlight in recent months after political brinkmanship around the debt limit earlier this year brought the U.S. close to a default.  ( 31 min )

At age 99, Berkshire Hathaway Inc. Vice Chairman Charlie Munger's life spans pivotal eras of economic transformation. From the depths of the Great Depression to the financial tremors of the Great Recession, he's seen it all. Munger recalls a time when the minimum wage was 40 cents per hour. Such experiences, set against a backdrop of technological evolutions and geopolitical gyrations, have provided him with a unique lens through which he views investing. Today, Munger is one of the most esteeme  ( 33 min )

Tech has surged, the Fed is well into a tightening cycle, and yields on fixed-income securities have risen materially. Luckily, this is 2023, not 2000, and we know better now.  ( 22 min )

U.S. prosecutors on Thursday announced criminal insider trading charges against a former Goldman Sachs and Blackstone analyst and two friends over a scheme to trade on nonpublic information about planned mergers and strategic partnerships. Authorities said former analyst Anthony Viggiano, 26, of Baldwin, New York, passed tips on at least eight transactions between 2021 and 2023 to Christopher Salamone, 35, a construction sales representative he has known for two decades and who grew up on the same block. Viggiano also allegedly tipped his college friend Stephen Forlano, 27, who tipped others including his college friend Nathan Bleckley, 26, a U.S. Army captain.  ( 32 min )

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Congress could soon change how spouses access their retirement accounts. A pair of Democratic bills recently introduced in the House and Senate would require spouses to consent before either one can make any withdrawals from their 401(k) accounts. The bills, sponsored by Rep. Lauren Underwood, D-Illinois, and Sen. Tammy Baldwin, D-Wisconsin, seek to amend the […] The post Spouses May Soon Need to Agree on 401(k) Withdrawals Under This Proposed Law appeared first on SmartReads by SmartAsset.  ( 32 min )

A $4 million nest egg will likely allow you to retire comfortably at age 55. The major challenge will be accumulating that much capital by 55 – about a decade before most people stop working. Other issues include the need to … Continue reading → The post Is $4 Million Enough to Retire on at 55? appeared first on SmartAsset Blog.  ( 32 min )

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(Bloomberg) -- BlackRock Inc. is the latest exchange-traded fund issuer to take aim at the runaway success of JPMorgan Chase & Co.’s biggest active strategy. Most Read from BloombergElon Musk Wins US Space Force Contract for StarshieldPakistan Rupee Set to Become Top Performing Currency Globally China Puts Evergrande’s Billionaire Founder Under Police ControlPeloton Soars After Deal With Lululemon to Share Fitness ContentEvergrande’s Billionaire Chairman Hui Is Under Police SurveillanceThe activ  ( 33 min )

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The Baby Boomer generation is reaching retirement age in record numbers. With more Boomers retiring on a daily basis, it helps to understand how prepared they are to leave their jobs for good. In this article, we’ll discuss the average … Continue reading → The post Average Retirement Savings for Baby Boomers appeared first on SmartAsset Blog.  ( 35 min )

A report says Cliffs has signed a so-called standstill agreement with U.S. Steel.  ( 22 min )

Everyday investors are hungry for gold. If you need evidence, just look at Costco. The retail giant has one-ounce gold bars for sale, which Chief Financial Officer Richard Galanti earlier this week said sell  ( 23 min )

Costco said it's now selling 1-ounce gold bars, but can't keep them in stock because of strong demand.  ( 32 min )

It was only a matter of time before JetBlue Airways issued updated third-quarter guidance. It was never going to be higher.  ( 22 min )

Mortgage rates climbed again for standard 30-year and 15-year loans, raising both averages to their highest levels in more than 20 years. Most other averages held steady.  ( 19 min )

Pending home sales for August plunged 7.1% from the month before, according to the National Association of Realtors.  ( 33 min )

Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves…  ( 35 min )

Spotify downgraded, Tractor Supply upgraded: Wall Street's top analyst calls  ( 34 min )

Apple stock has fallen more than 10% since its July highs. Here's what analysts are saying about the iPhone maker's prospects.  ( 22 min )

The used-car seller says 'vehicle affordability challenges' weighed on second-quarter sales.  ( 22 min )

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Here's how much of the prize you would take home after taxes and five ways to invest your windfall.  ( 32 min )

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Apple stock has fallen more than 10% since its July highs. Here's what analysts are saying about the iPhone maker's prospects.  ( 22 min )

Chico's is being acquired by Sycamore Partners for $1 billion.  ( 22 min )

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Battle Road Research analyst Ben Rose upgraded Tesla stock to the equivalent of Buy. The electric-vehicle maker has recently endured a series of negative headlines.  ( 22 min )

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The used-car seller says 'vehicle affordability challenges' weighed on second-quarter sales.  ( 22 min )

Billionaire Ryan Cohen, the largest individual investor in GameStop, is taking over as CEO at the video game retailer. Cohen is already the board chairman and the company's largest individual investor. The CEO job at GameStop, which became one of the most well-known meme stocks to create a frenzy among retail traders on Wall Street, has become a rotating door with the company trying to survive as technology upends the gaming industry.  ( 32 min )

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Accenture posts fiscal fourth-quarter earnings of $2.71 a share on revenue of $15.99 billion.  ( 22 min )

Sam Bankman-Fried, 31, is facing fraud and conspiracy charges linked to FTX, which was once valued at $32 billion.  ( 35 min )

Top blockchain and crypto news: U.S. lawmakers berate SEC over ETF applications. NFTs down but not dead. Hong Kong sees year’s biggest crypto heist so far.  ( 38 min )

Wall Street stocks opened in the red on Thursday, before recovering as investors digested fresh GDP data.  ( 41 min )

Wall Street stocks opened in the red on Thursday, before recovering as investors digested fresh GDP data.  ( 38 min )

Wall Street stocks opened in the red on Thursday, struggling to shake off a downbeat mood as investors digested fresh GDP data.  ( 35 min )

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Nio has held exploratory talks with Mercedes-Benz for a tie-up that would see the German automaker invest in the Chinese electric vehicle startup in exchange for technology, two people with direct knowledge of the matter said. Nio's founder and chief executive William Li discussed the potential collaboration with Mercedes CEO Ola Kaellenius earlier this year, seeking an investment from the latter in exchange for loss-making Nio sharing its research and development capabilities with Mercedes, said the sources. The talks did not reach a stage where details on the technology to be transferred and the potential financial investment were discussed, they said.  ( 33 min )

Converting a traditional IRA to a Roth IRA can help you minimize taxes in retirement. But executing the conversion strategically is key to maximizing the benefits. A recent Schwab retirement planning report recommends three tactics to reduce your Roth conversion tax bill: max out your current bracket, spread conversions over multiple years and start planning […] The post Make the Most of a Roth Conversion With These Strategies from Schwab appeared first on SmartReads by SmartAsset.  ( 34 min )

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Appointment of the chairman to additional role ends a monthslong stretch during which the videogame retailer pursued turnaround efforts without a CEO.  ( 26 min )

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Pfizer is partnering up with Boston synthetic biology firm Ginkgo Bioworks, plus other life sciences news you may have missed.  ( 24 min )

Vladimir Putin will be unable to protect citizens from the pain  ( 35 min )

Fiscal fourth-quarter revenue at chip maker Micron falls sharply from a year earlier, Peloton stock surges after signing a five-year partnership with Lululemon, and Nike and CarMax are scheduled to report earnings Thursday.  ( 22 min )

The combination of multiple challenges has created an environment that "rhymes with 2008," JPMorgan's chief market strategist writes.  ( 34 min )

Rich Boyer, head of the UAW's Stellantis department, is skeptical about company plans for an Illinois plant that once supported 5,000 jobs.  ( 33 min )

Yaccarino says advertisers are returning to the Elon Musk-owned platform.  ( 31 min )

Ams-Osram shares fell by almost a fifth after it revealed plans to raise more than €2 billion through a capital increase, new bonds, and the sale of part of its semiconductor business.  ( 26 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: a Sell initiation at RTX, and downgrades at NextEra Energy, Terex, and South State. Nextera Energy Partners (NYSE:NEP) received two downgrades after the company revised its growth expectations and limited equity needs. This reduction is attributed to the inability to accretively add drop-downs from its parent company Nextera Energy (NYSE:NEE), due to a higher cost of capital.  ( 33 min )

Trading in the shares of China Evergrande and two of its publicly listed units was suspended following reports that the property developer’s chairman had been placed under police surveillance.  ( 28 min )

With demand for athletic wear slowing, the debate between the bears and the bulls rages on.  ( 22 min )

Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.  ( 27 min )

(Bloomberg) -- China Evergrande Group’s shares have suspended trading in Hong Kong, along with those of its property services and electric vehicle units. Most Read from BloombergChina Puts Evergrande’s Billionaire Founder Under Police ControlCitadel Is Ready to Fight With SEC Over WhatsApp ProbeElon Musk Wins US Space Force Contract for StarshieldBond Selloff Grinds on as Oil Tests $94 a Barrel: Markets WrapLululemon Strikes Deal With Peloton for Fitness Content, Will Ax Mirror DeviceNo reason w  ( 31 min )

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Obtain information, both general and comparative, about the best available financial modeling courses for individuals pursuing a career in investment banking.  ( 21 min )

Today's best CD rates are 5.80% from Credit Human for a take-your-pick term between 12 and 17 months, and 5.76% from TotalDirectBank for a 6-month CD term.  ( 19 min )

Debit and credit cards look the same and can be used for many of the same purposes. However, there are some key differences you need to know.  ( 24 min )

The average daily balance method is a common way that credit card issuers calculate interest charges, based on the total amount owed on a card at the end of each day.  ( 23 min )

A void transaction is a credit or debit card purchase that is canceled before money moves from the cardholder's account to the merchant's account.  ( 22 min )

How the Firestone credit card works and the benefits it has to offer, including both the store card and Mastercard versions.  ( 24 min )

Foreign transaction fees and currency conversion fees apply to two different parts of an overseas credit card transaction—the transaction itself and the currency involved.  ( 24 min )

Student loan borrowers are seeing thousands in savings when they change to the new SAVE income-driven repayment plan.  ( 18 min )

Car insurance can protect drivers from potentially devastating financial liability after an accident. Here is how car insurance works.  ( 21 min )

A chip-and-PIN card is a type of credit card that requires the cardholder to authorize the transaction by entering their personal identification number (PIN).  ( 23 min )

An insurance company credit rating indicates an insurance company's solvency, financial strength, and ability to pay policyholder claims.  ( 19 min )

Credit criteria are the various factors that lenders take into account in deciding whether or not to approve a loan or other form of credit.  ( 25 min )

U.S. equites rose, with the S&P 500 advancing 0.6% on Thursday, Sept. 28, 2023, as a report showed consumer spending slowed in the second quarter, and oil prices tumbled.  ( 16 min )

GDP is the primary indicator used to measure a country's economic health but a more accurate picture of well-being may be formed when GDP is combined with GPI.  ( 28 min )